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


To: Oeconomicus who wrote (1402)1/27/1998 12:49:00 PM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
>>>If they have to borrow from banks to pay off trade creditors in what is essentially a cash business, they are digging themselves into a deeper hole. If they are simply borrowing and running up payables at year or quarter end to boost cash balances, that is obvious window dressing to create the appearance of improving liquidity.<<<

Sort of sounds like the borrowing scheme that was going on at BOST (Boston Chicken). It was well known for almost a year but the street refused to recognize it! When they finally did the stock fell quickly from 40ish to 6....now thats what I call a correction! I see no reason why AMZN won't follow in the footsteps of BOST............;^)