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


To: L.J. Hoffman who wrote (24493)11/4/1998 5:25:00 PM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
weak argument...



To: L.J. Hoffman who wrote (24493)11/4/1998 5:31:00 PM
From: craig crawford  Respond to of 164684
 
>> Who would buy stock in a company whose profits are tied to an economically unstable entity like Amazon? What if they default on a huge account payable? <<

If AMZN defaults on a huge payable, then AMZN is history. Dead and buried. If AMZN is history, then B&N doesn't have to fight it out with them anymore. Would be a small price to pay to be rid of them.

Ya think?

P.S. It's so simple when you take the time to do the due diligence.



To: L.J. Hoffman who wrote (24493)11/4/1998 5:33:00 PM
From: Herring  Read Replies (1) | Respond to of 164684
 
>>If Herb Greenberg's sources are good. This is not good news for Amazon<<

For every book AMZN will sell, BKS will make a profit, while the AMZN shareholders must pay for it, since they loose on every book they sell. Somebody is making the money. So far it has been AMZN longs! Time for the money makers to make money.

Herring



To: L.J. Hoffman who wrote (24493)11/5/1998 8:59:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 

The acquisition is really bad news for Barnes and Noble. They're buying a company that
does a lot of business with Amazon. Who would buy stock in a company whose profits
are tied to an economically unstable entity like Amazon? What if they default on a huge
account payable?


L.J.

There is a small detail here. Ingrams was profitable way before AMZN even existed. Secondly, paying th supplier with the junk bond cash has priority over the junk bond holders.

This thread and love affair with AMZN is becomming bizzarre.

Glenn