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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Olu Emuleomo who wrote (123509)4/11/2001 1:36:11 PM
From: Alomex  Read Replies (3) of 164684
 
Doesnt sound like AMZN is going bankrupt any time soon!

Then you are not listening.

Amazon has about $600 million in the bank, they owe about $200-250 million to suppliers and are burning cash at a rate of around $150-200 million per quarter. AMZN will reach Q4 with anywhere from 0 to 200 million dollars in the bank. That is very close to going bankrupt very soon.

Notice that I'm not saying they will go bankrupt, what I'm saying is that by their own measures at best they will cut it close at worst they will go bankrupt...
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