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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.25-2.5%2:50 PM EST
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To: H James Morris who wrote (123245)4/9/2001 10:40:35 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Glenn, Amzn to have $900 million by the end of 2001.
Unless, Amzn's write downs on its investment aren't current.
It appears things are looking up for them in a slowing global economy. Hmmm


Well...Bezos said for last year Amazonw ould not burn any cash. In fact, Amazon would generate cash to cover Capex. Amazon did in fact burn $700 million last year. Am I to believe Bezos this year? This is almost exactly the time of year he said this last year.

The market is up. That is what I care about.
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