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


To: Bill Harmond who wrote (16795)9/10/1998 8:25:00 PM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
I know what happened. William stated he went long three different times in Amazon right before the close yesterday. So he woke up, saw the giant gap down, and paniced and sold for a huge loss.

He then got rippingly drunk and started posting here. How else to explain the total change in personality, unless someone is forging posts using his account?




To: Bill Harmond who wrote (16795)9/10/1998 8:56:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

>>They lack the cash or the deep pockets. So far.

They have plenty. They sold the bonds, remember?


William,

They projected to lose $250 million over the next two years from operations. The bond money will likely be needed for that alone.

Glenn



To: Bill Harmond who wrote (16795)9/10/1998 9:26:00 PM
From: H James Morris  Respond to of 164684
 
William<They have plenty. They sold the bonds, remember? >
Yes, I remember. Do you remember Amzn's burn rate?
Unless Bezos brings in some cash ( like advertising) he'll die of thirst.