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

To: Gary Korn who wrote (3433)	4/25/1998 11:26:00 PM
From: Skeeter Bug	Respond to of 164684

gary, this deal means two things to me. either management is dumb and is now managing their stock price instead of their business or management is smart and has several million more shares they would like to sell to the general dolts, formerly known as public, at the current highly inflated price.

To: Gary Korn who wrote (3433)	4/26/1998 2:31:00 AM
From: Jurgen	Read Replies (2) \| Respond to of 164684

yikes - the whole ASND crew shorting AMZN - Hi Gary, Glenn, Jan :) Good to see you all ! Jurgen

To: Gary Korn who wrote (3433)	4/26/1998 3:15:00 AM
From: Skeeter Bug	Respond to of 164684

gary, we've seen a stock go from $80 to $20 before, huh? ;-) congrats on the recent asnd strength, though. it is long overdue...

To: Gary Korn who wrote (3433)	4/26/1998 5:46:00 AM
From: Tom D	Read Replies (1) \| Respond to of 164684

<<Perhaps management has concluded that a secondary offering would hurt the stock price more than will the new debt-deferral plan>> Gary, I am most thankful that you have the patience to discuss this with me. I respectfully disagree. The way I understand it, insiders have increased the float by something like over 5 million shares in the last few months, and the markets valuation has remained generous, to say the least. It looks like AMZN is trading six or seven hundred thousand shares daily. So whats the big deal about dumping a couple million more shares on the market? Get the hype machine going and it should be easy. It would shore up the balance sheet, clear the debt, and buy more weapons for the battle. And why isnt the authorized 100 million shares enough? To me, management does not seem to be desperate enough to have a need to make moves which have the sole purpose of keeping the street guessing. Truth is, they have executed their business plan flawlessly so far--they will probably have revenues in excess of all official predictions. They only way they'll disappoint is if Candle Stick is right about whisper numbers demanding $100M in revenues for Q1. I just don't understand it, based on the available information. So I guess a deal is in the works. Such a deal would have to include whoever is doing the lending, or they have found some kind a Sugar Daddy. Otherwise, why take on debt with such high interest rates--do a secondary offering instead. I am bullish on the company, but I figure they are going to have to make some alliances or deals to make it through the competition in the next couple years. Best Regards, Tom D

To: Gary Korn who wrote (3433)	4/26/1998 8:39:00 AM
From: Glenn D. Rudolph	Respond to of 164684

I think AMZN management rationally determined that, given its current burn rate and lack of profits, they simply will not have $75MM cash to pay-off a $75M balloon in 32 months, and further that it would be easier if they did not also have to pay about $1.5M in interest every quarter. Gary, It is my feeling that management was not even looking 32 months down the road. I suspect they are on a day to day cash flow problem due to the increased competition. Management wanted to delay the interest premiums to exist for the next year. Christmas cash flow revenues will not begin until November 98. I did not say profits just the flow of cash. Glenn