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To: X Y Zebra who wrote (41094)2/19/1999 2:40:00 AM
From: Slumdog  Read Replies (1) | Respond to of 164684
 
>>.... How long do you give the flying p...(ahem), Amazon as a tradeable stock...<<

Now I am laughing............................



To: X Y Zebra who wrote (41094)2/20/1999 12:25:00 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Doroteo, the money in the bank is not money in the bank. It is bonds, which are senior to the shareholders, including the insiders. The prior junk bonds are also senior to the shareholders.

Lots of senior bonds keeping the co afloat, eh, Doroteo? The wallstreeters who buy these bonds know how to protect themselves. They are collecting interest, with soon conversion to stock, all resulting in tremendous dilution to present shareholders.

victor


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