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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: KeepItSimple who wrote (105304)6/23/2000 7:58:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
"Adding to the operational weakness is the mounting pile of debt, as Amazon has essentially
funded its revenues through a variety of sources over the past year," Suria said. "From 1997
through the last quarter, the company has received $2.8 billion in funding, while its revenues
have been $2.9 billion - a whopping $0.95 for every dollar of merchandise sold."

So all these rave revenue figures investors have been hearing about were a mirage. Any
company can post 150 percent revenue growth if it has the cash to manufacture the sales.


I would love to know a total since inception of the dollar amount of insider selling. What percentage of revenue is that?
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