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

To: Glenn D. Rudolph who wrote (56133)	5/9/1999 5:32:00 PM
From: H James Morris	Read Replies (3) \| Respond to of 164684

Glenn, Aol will not buy it?? I'll take that bet, but Amzn will end up merging with a Kleiner child, and It will eventually have to be one with deeper pockets. Of all the Kleiner children who has the deeper pockets? Cpq, SunW,@home, etc, etc. You know it's currently Aol, so that's why I continue to bet it. We don't know the future burn rate?? It doesn't matter. Bezos has said he will continue to throw his junk $money to gain revenue, and build up his brand name. So in the model just go with his last results, you don't even have to increase his losses. This is the point, until Bezos improves his balance sheet, I don't think he can go back to MS for more (I was blown away when they got him that last $1.2). I think you were too. So how long can his $1.2 last?? Please forget his acquisitions. He's doing that with printed stock certificates, not $cash. I have some bankrupt stock certificates in my archives. Here's just one, about 10 years ago I had 5k shares in a bank called First Republic. When I bought the stock @ 25 it was the 18th largest bank in the USA. FB went bankrupt because of all its losses. The fed closed them down and sold all of its assets(for peanuts) to then NCNB, now its called Nations bank. All us FB shareholders where left in a shell and we ended up with 12c on the dollar. Glenn that was for me a $125k loss. Trust me.