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Amazon.com Inc. Message Board

  • fredboy fredboy Jan 6, 1998 1:15 PM Flag

    jbmetalruffboy/phasse

    I can't believe you guys ! Can't you read a financial statement or a balance sheet ? These guys just borrowed $$ at LIBOR +3.5
    Their bankers apparently don't have the "faith" you have. These are loan shark rates. What future ? We're not searching for the cure for cancer here we're selling books for gosh sakes. Anybody can and WILL do it!!I don't understand the cult following some of these internet stocks have. There is no VALUE here fellas. Watch your wallet. P.S. Yes I'm short this puppy!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I read your Message you don't seem to think much of this company.
      What no one seems to be able to tell me is how much money
      this Company Made in PROFITS this year? The other fellow keeps talkin about cheap desks and cheap rent which i can't see why A Billion dollar company worries about 60.00 desks?I see your point about selling books, Lots of competition, we had 2 stores in the mall near my home one went outa business I guess they werent makin much money though they were always busy.Think I keep lookin for a more futuristic company.Besides I was thinkin the price is
      already pretty high and I always heard Buy LOW sell HIGH so i guess i look for a stock thats lower that maybe could go up alot
      more then this one.

      Still Lookin

 
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