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


To: Candle stick who wrote (3591)4/28/1998 6:05:00 PM
From: Oeconomicus  Read Replies (2) | Respond to of 164684
 
CS, the $55 million is just the write-off they will take this Q. The purchase price is 540,000 shares PLUS some undisclosed amount of cash. Seems to me that the cash portion would have to use up a big chunk of the new $275 million - otherwise, why borrow it? Something smells, but with this cold I've got I can't tell whether it's fresh or foul. Tulips don't have an aroma, do they?

Bob



To: Candle stick who wrote (3591)4/28/1998 8:53:00 PM
From: zebraspot  Respond to of 164684
 
>Brother? Can you paradigm?

Hey, you stoled my line! (Look for a cartoon with this punchline in Barron's soon)



To: Candle stick who wrote (3591)4/28/1998 9:28:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
"Amazon is gaining because of the earnings and the
acquisitions in Europe," said Conley Turner, Internet analyst
at Wall Street Strategies, a reasearch firm.
"They virtually have no competition. Barnes & Noble (Inc.
) and Borders (Group Inc. ) can't really touch
them."


This was in the general internet stock press release I posted. Clearly, Conley Turner gave no reason why. Can anyone come up with a reason?

Glenn