SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.37-0.9%Dec 3 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn D. Rudolph who wrote (124085)4/24/2001 9:43:43 PM
From: The Reaper  Read Replies (2) of 164684
 
AMZN has stated that Q2 2001 will be similar to Q1. Assuming a flat level of Accts. payable over the next three months, we're looking at a minimum of $140 million cash burn. Considering they only have $447 million in cash and equivalents now, how is this going to happen?

<Cash and marketable securities are expected to be
approximately $600 million as of June 30, 2001>

Did they add the cash burn instead of subtract the cash burn from their balance sheet? Speaking of the balance sheet, has anyone got a link to it. I can't find one.

kirby
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext