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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%Nov 25 3:59 PM EST
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To: Bill Harmond who wrote (83604)11/8/1999 10:20:00 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
William,

I finally got around to looking at the AMZN income and balance sheet statements for Q3. This discussion or comment is for informational purposes only. Amazon had about $1 billion in cash and marketabler securities at the end of Q3 but also had about $300 million in near term accounts payable. Cash burn was $325 million in Q3. If the rate remains the same, cash will be gone next fall.

Do you believe the street will give them more money?

Glenn
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