Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Randy Ellingson who wrote (37902)	2/2/1999 2:10:00 PM
From: Glenn D. Rudolph	Respond to of 164684

My odds are on William then <g>, and I will be in total awe if Amazon proceeds down a road where they amass fairly impressive revenues (let's say they can get to $5B before real trouble strikes) and still fails via bankruptcy. That is fine:-) Glenn

To: Randy Ellingson who wrote (37902)	2/2/1999 2:16:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Randy -- large companies are perfectly capable of going bankrupt. Will AMZN see $5 billion -- maybe maybe not. Will it protect them from the abyss? No, it won't. Can this profitless company service its debt? When you cannot pay your creditors, the creditors step in to make sure they have the best shot at the assets -- bankruptcy. Can this happen to AMZN? You bet it can -- and they raised the ante last week. 'Its too big to fail' was the rallying cry for big companies in Asia where investors and bankers were told that 'growth is what matters, we are in it for the long term, so we don't worry about making a profit now'. Wake up Randy (meant in a friendly way).