Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.19

+2.1%

Jan 23 3:59 PM EST

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To: H James Morris who wrote (123245)	4/9/2001 1:19:35 PM
From: Alomex	Read Replies (1) of 164684

-- Cash and marketable securities are expected to be over $640 million At then end of last quarter Amazon reported $1.1 billion in cash. Account payables back then was $485 million.... $1,100 million - 485 million = $615 million. Now, accounts payable surely did not dwindle to zero. Assuming 30-40% of sales in account payables seems reasonable. Since sales are going to be "more than $695 million" that gives accounts payable between $208-278million. Therefore before cash outflows, Amazon should have finished the quarter with $823-893 million... according to todays press release, they finished the quarter with $640 million. The difference is the cash burn rate. This gives quarterly cash burn of $183-253 million.

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