Amazon.com, Inc. (AMZN) Message Board

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

AMZN 221.73

-0.4%

2:19 PM EST

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To: Victor Lazlo who wrote (116828)	2/2/2001 10:59:44 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Jubak's Journal Why Amazon.com is worth only $3.20 a share He was being too kind. He did not take into account the fixed costs of the distribution centers if the non profitable lines of business were discontinued. The recent announcement in the reduction of product lines is in my opinion due to the lack of cash to inventory them. The "hogwash" Amazon does not need cash seems not to be hogwash at all. Rather, Amazon cannot raise cash so let's liquidate inventory to raise cash. That is my opinion and take on it. Glenn

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