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


To: Gary Korn who wrote (3459)4/27/1998 12:04:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Gary,

I have limited knowledge in this area; but from your previous two posts (loan documents and company financial disclosures) and analysis; Logic and common sense tells me the following:

1. Amzn is forced to initiate/negotiate this $275M new loan to cover the existing $75MM note.

2. Amzn is forced to accept the highly discounted new loan instrument b/c both the lender and Amzn is fully aware the risk associated with this loan.

3. I believe that we(and hopefully some smart current share holders) are forced to recognize that Amzn's share price will have to come down substantially.

I believe Amzn will survive as part of the On-line commerce(book stores); However, the current share price has far out-paced it's ability for future returns.

Ty, Jan