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

To: hal jordan who wrote (4869)	5/30/1998 12:15:00 PM
From: H James Morris	Read Replies (3) \| Respond to of 164684

Acey, I second that. We bears have lingered here to long, so most of the Amzn bulls like yourself, seem to be on the MF (which I used to avoid, b/c of their ownership conflict of interest). Your bullishness on the potential of internet commerce vs mine is at odds, but I have to agree Wall Street sides with you and I don't have an ego so big, as to think I'm smarter than the Street. So, with that in mind, I guess the real only difference between us is timing. I'm thinking that sooner or later Wall Street will say 'SHOW ME SOME PROFITS' and obviously I would prefer that to be soon. Your thinking, who cares, until Wall Street stops, just wanting revenue increase and continues its love affair of e-commerce, just enjoy Amzn's stock appreciation. Isn't this kind of debate fun. God bless America.

To: hal jordan who wrote (4869)	5/31/1998 1:05:00 PM
From: Glenn D. Rudolph	Respond to of 164684

I expect to see a similar story with the ticker AMZN in the year 2001: Boston Chicken Shares Drop 37% After Auditor Questions Viability Dow Jones Newswires The battered shares of Boston Chicken Inc. plummeted 37% Friday, after auditor Arthur Anderson cited serious doubt in a regulatory filing as to whether the Golden, Colo., franchiser and operator of Boston Market restaurants could remain in operation. The filing with the Securities and Exchange Commission came as no surprise, after Boston Chicken has suffered from high food costs, tough competition from fast-food chains, declining per-store sales and low employee morale following layoffs in the past year. "Boston Chicken may not generate sufficient liquidity to meet its financial obligations, which raises substantial doubt about its ability to continue as a going concern," Arthur Anderson said in the filing. The firm cited uncertainty about the company's efforts to renegotiate its senior credit facilities, sell assets and/or improve Boston Market store performance. Investor reaction was swift and brutal Friday. Shares of Boston Chicken were down $1.1875, or 37%, to $2.3125 on Nasdaq volume of 10.4 million shares, compared with average daily volume of 1.8 million. Earlier, the stock fell to $1.6875, passing the 52-week low of $2.75 set May 20. Just a year ago, the company's shares were trading as high as $25.50. In the filing, Boston Chicken said it currently isn't meeting the second-quarter average weekly net revenue of $18,000 required under its credit facilities. The company added that its lenders are unwilling to renegotiate the terms of the credit facility unless and until Boston Chicken merges with creditors BC Equity Funding L.L.C. and Market Partners L.L.C. Earlier in May, Boston Chicken said its lead lender had indicated a willingness to renegotiate its senior credit facilities. If the company is unable to obtain an amendment to the facilities agreement or restructure its debt, it may be in violation of the credit facilities pact, which could trigger the acceleration of repayment. The company expects to know in June whether BC Equity and Market Partners holders approved the merger, a Boston Chicken spokeswoman said