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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (138494)2/4/2002 12:41:33 PM
From: GST  Read Replies (1) | Respond to of 164684
 
BTW Bill, this is what a ton of money going into a small stock looks like -- quote.yahoo.com



To: Bill Harmond who wrote (138494)2/4/2002 12:51:31 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
"Amazon's annual report broke down the $166.7 million in restricted marketable securities into three categories. The company pledged $77.6 million as collateral for "stand-by letters of credit" that guarantee its obligations for certain off-balance-sheet property leases. The company has pledged $48.5 million for a swap agreement that hedges the foreign-exchange rate risk on a portion of its euro-denominated convertible debt. And it has pledged a further $40.7 million for other real-estate leases that also aren't on the company's balance sheet. In a chart included in its annual report, Amazon disclosed it has total liabilities and commitments of $3.72 billion, including off-balance sheet obligations, compared with the $3.08 billion of total liabilities shown on Amazon's balance sheet."

You're beating a dead horse. I won our bet.
I'm surprised you haven't conceded such, with your character and all.


Actually, I won big time. In addition, the cash drain continues as I have predicted. Take the $100 million from AOL out and the firm is done now rather than a little later. It is time you concede this firm is not anything that you ever expected it to be. It is was I expected it to be. By the way, Amazon violated SEC diclosure rules in its filings in fiscal 2000.