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

To: timmask who wrote (35028)	1/14/1999 11:17:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

Hey Glenn, want to place a bet on whether or not Amazon announces a secondary offering along with their quarterly loss report on the 22nd? If they don't get some cash while their stock is still >0, they'll literally be bankrupt in less than 12 months at their current cash burn rate. Now _that_ would be funny. A perfect repeat of Boston Chicken. Bezos already has his 32 million, more than enough for anyone to spend in a lifetime, so I doubt he gives a rat's ass if Amazon shuts its doors tomorrow. The question is, how can the "offshore" investors get into the country to collect their 5 billion dollar warehouses when Amazon inevitably defaults on their junk bonds? I would suspect that most of them do not want to have to face customs agents. <vbg> !