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

To: Glenn D. Rudolph who wrote (147111)	9/8/2002 2:23:08 PM
From: H James Morris	Respond to of 164684

A very interesting article. That's why I bought the junk bonds instead of the common stock. Btw It wasn't my original idea to buy those bonds it was the broker who sold them to me, so she gets the credit if they work out.;) >>The efficiencies and continued revenue growth fueled the increased cash flow that showed up in Amazon's second-quarter numbers. Add it all together and it looks more and more as if Amazon will be able to handle its heavy debt load. One sign that the market thinks a debt crisis is less likely: Buyers of Amazon bonds are now settling for yields of about 11 percent; that's still junk bond territory, but it's down from 22 percent a year ago.<<