Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (111489)	10/30/2000 3:13:15 PM
From: Alomex	Read Replies (3) of 164684

Did you notice that the dubious cash transfers according to Suria are actually higher than the $120M unearthed by Glenn from the SEC fillings? Amazon is making accounting adjustments that inflate its cash position, said Suria. Amazon.com said it had $900 million of cash on its books, slightly below the $907 million it had in the previous quarter. But, based on Suria's analysis, Amazon conducted three transactions that added $173 million to its cash position. While allowed under accounting rules, the cash did not come from operations or financing, Suria said. If this is the case, actual cash burn is $180 million. This would imply that Amazon has about three more quarters before it runs out of cash....

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