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

AMZN 245.33

-1.5%

12:34 PM EST

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To: Eric Wells who wrote (93465)	2/13/2000 10:19:00 PM
From: Bill Harmond	Read Replies (2) of 164684

No. Your vision is a bleeding company, losing money in spite of its intentions: >>At Amazon's current burn rate, the cash just raised through the debt offering will only last them 9-12 months. That just isn't the case. Amazon has plenty of money on its balance sheet before this recent financing, and you're projecting expenses based on the company's massive distribution center buildout this past year. AOL lost $1 billion cumulatively before it turned a profit. Amazon's only half-way there.

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