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: Sarmad Y. Hermiz who wrote (40451)	2/16/1999 6:32:00 PM
From: Glenn D. Rudolph	Respond to of 164684

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, This would actually work except the bond holders may take legal action:-) Glenn