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

AMZN 232.88

-0.8%

Nov 17 3:59 PM EST

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To: H James Morris who wrote (118749)	2/27/2001 6:24:54 PM
From: Alomex	Read Replies (2) of 164684

Amazon should finish the first quarter of 2001 with roughly $650 million in cash and cash equivalents. We look for Amazon's cash balance to be above $730 million by the end of 2001. The funny thing is that these "optimistic" figures jibe with Glenn's estimate. If by the end of 2001 Amazon has $730 million in cash, this means that by mid February they would have about zero in cash, after having settled their accounts from the holiday season.

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