Replies to post #23180 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[Nightdaytrader]

Amazon has plenty of cash - see article below:

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Leo Sun
(TMFSunLion)
May 4, 2020 at 12:45PM

How much cash are the five tech giants holding?
All five companies recently posted their quarterly earnings. Apple led the pack in cash, cash equivalents, and marketable securities, but its holdings grew at a much slower rate than those of the other four tech giants:

Company

Cash, Cash Equivalents, and Marketable Securities (Most Recent Quarter)

Growth (Year-Over-Year)

Apple $192.8 billion (14%)

Microsoft $137.6 billion 5%

Alphabet $117.2 billion 3%

Facebook $60.3 billion 33%

Amazon $49.3 billion (10%)

https://www.fool.com/investing/2020/05/04/5-tech-stocks-with-enough-cash-to-outlast-the-covi.aspx

[Cbrnlol]

10 billion set aside. 50-100 million of covid stuffs is reasonable lol..... the remaining we can only speculate on..... this is exciting imo

[Dmceng4]

Grey

The bid will probably be a combo of cash and shares. I would enjoy receiving Amazon stock!lol

[Dmceng4]

Grey

The bid will probably be a combo of cash and shares. I would enjoy receiving Amazon stock!lol