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

AMZN 228.47

-1.7%

1:39 PM EST

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To: TFF who wrote (3473)	4/27/1998 6:18:00 PM
From: Gary Korn	Read Replies (2) of 164684

More from the balance sheet: 1. Accounts payable rose from $32.6M to $34.3M, an increase of 5% (4Q97 to 1Q98). 2. Accrued advertising expense jumped from $3.4M to $5.3M, an increase of 54.8% (4Q97 to 1Q98). 3. Other liabilities and accrued expenses jumped from $6.1M to $8M, an increase of 30.8% quarter to quarter. 4. Interest expense rose from $0 to $2.03M in the year to year quarters. Indeed, interest expense was 2/9ths of the loss. 5. Cash on hand dropped from $109.8M at year end to $98.6M this quarter, a drop of 10.2% 6. Inventory rose from $8.9M to $11.6M, an increase of 30% (4Q97 to 1Q98). Some of these numbers don't look too good. Gary Korn

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