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


To: Ted The Technician who wrote (141345)4/5/2002 5:16:43 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
ROFLMOA!!::::::::::::::::::::::::::::)
>>But understand, it's not the financial aspect I'm worried about. Amazon is a news stock, meaning it doesn't trade on a multiple of earnings or revenue, but more on the flow of information.



To: Ted The Technician who wrote (141345)4/6/2002 7:15:32 PM
From: Glenn D. Rudolph  Respond to of 164684
 
"* The shares will need to trade under $10 a share, from their recent $14.25. (My gut says that at 3 to 4 times cash, the downside risk would be limited.) "

This is inaccurate in the article. In addition to the fact all the cash is owed to the bonholders and then some, Amazon's current cash position is just under $450 million. Near term payables will be around $275 million too. That is $175 million of working capital.