Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.10

-1.4%

Dec 4 3:59 PM EST

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To: Glenn D. Rudolph who wrote (133362)	10/23/2001 5:47:51 PM
From: Oeconomicus	Read Replies (1) of 164684

I liked this part: "Cash and marketable securities are expected to be approximately $900 million at Dec. 31, 2001; cash and marketable securities are expected to be over $550 million at March 31, 2002, and the Company expects to generate cash and marketable securities for the nine months ending Dec. 31, 2002, combined." Let's translate: Since we use a calendar year instead of the more normal January fiscal year used by most seasonal retailers, we get to pretend we have lots of cash each 12/31. So, we plan to string out creditors this year as every year, pay them down by $350 million after we report, then pretend all over again next year. Ain't that cool? ;-)

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