SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (135644)12/12/2001 11:02:02 PM
From: Victor Lazlo  Respond to of 164684
 
Glenn it's worth $4.4 billion right now to somebody and there's no realistic hope of profits. Much of this is due to "professionally managed" money.

Now I realize that the pros are often even more gullible than retail investors (look at the unraveling of Boston Market) so yes, somebody will pay for the bonds. Nobody will pay anything for the stock.

No company so heavily in debt can serve both their bondholders and their stockholders well. And they're not.