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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 3:59 PM EST

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To: GST who wrote (118314)2/22/2001 1:54:37 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
("The company has never been in better shape,") Since this company has done nothing but lose money, you could argue that it is "business as usual at AMZN". Things did not get worse, they have always been this bad <vbg>


GST,

You are correct and your point is funny. Actually, funamentals have become worse. This is the first time Amazon will have to deal with an inadequate amount of cash with no improvement at all in operating funamentals. I know you are a knowledgeable macro person but on the micro side, vendors will prefer to not sell a customer than take the chance of not being paid. Vendors are far smarter than most people think and clearly smarter than apparently what bezos thinks.

Glenn
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