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

AMZN 233.23

+1.8%

12:59 PM EST

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To: KeepItSimple who wrote (111666)	11/7/2000 9:53:09 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

In flagrant disregard for investor information, the "1 billion" in cash and marketable securities has yet to be broken down in any quarterly statement. If it turns out that a majority of that "cash" is actually stock in worthless dot.coms, then amazon will have to return to the debt market and beg on their knees very soon. KIS, Even if this is all cash at current market prices, Amazon will need cash by next September. Amazon burned $125 million last quarter according to how I do accounting even though management states otherwise. Glenn

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