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

AMZN 249.14

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3:59 PM EST

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To: Mark Fowler who wrote (112816)	12/15/2000 11:21:32 PM
From: H James Morris	Read Replies (2) of 164684

Mark, your not the only one busted. BTW Do you owe any money to Cisco? >12/15/00 6:47 PM ET Cisco's (CSCO:Nasdaq - news) deadbeat account column has more than tripled in the span of a year, adding to evidence that some of its network equipment customers are collapsing under the weight of a cash crunch. For the fiscal first quarter ended Oct. 28, Cisco moved $275 million from operating cash to cover potential nonpayments from failed customers, according to the company's quarterly regulatory filing. The company told analysts on its earnings conference call last month that it was taking insignificant provisions to cover doubtful accounts. It wasn't until this week, when Cisco filed its financial reports, that there was a dollar figure clearly associated with those potential losses. In the year-ago period, Cisco's provision was $75 million.

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