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


To: Glenn D. Rudolph who wrote (40445)2/16/1999 6:23:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Glenn,

<Then the new facilities will require a lot of cash so there will not be a great amount ot invest to offset the payment of the coupon. >

I have a plan to make amzn profitable. Right Now.

Forget about facilities, robots, leases, etc....
Lay off all the help. take the $1.2B and invest it in high yield funds at 10%. the coupon is 4.75. that leaves approx $70M/year profit.
The CEO owns 60% of the stock. His share will be $40M. They can keep it going for 10 yrs. He will make $400M. Enough to retire on.

in 2009, they can retire the bonds and dissolve the company.

-Sarmad