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

To: IMPRISTlNE who wrote (9866)	7/10/1998 10:25:00 AM
From: umbro	Respond to of 164684

Impristine, what's your point? just keep chanting to yourself....80 MILLION TO $400 MILLION IN A YEAR.... That's great growth, and would be wonderful if AMZN did that, and turned a profit, or didn't sell the shareholders' farm by floating a junk bond. Paste this on the mirror: Negative Shareholder Equity. AMZN is a leveraged nightmare, with covenants in the bond agreement that say AMZN has to maintain certain cash flow targets or be in default. One false step ... and the shareholders end up with nothing ... absolutely nothing. AMZN is trading completely on future expectations. Although promoted as a blue chip, the public shareholders are taking venture capital risks with AMZN (my opinion). currently 101 7/16 on the ask ... off -4 3/8.