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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

3:59 PM EST

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To: Winston Lee who wrote (61374)	6/9/1999 4:51:00 PM
From: Bill Harmond	Read Replies (1) of 164684

>>in case of Barnes & Noble and other retailers, free cash flow is significantly less than EPS, in many cases negative. You are right. B&N has never generated free cash. The bears here should have focused long ago on fundamentals of cash flow and return on investment.

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