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 247.35+0.4%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Fowler who wrote (4539)5/20/1998 1:37:00 AM
From: Gary Korn  Read Replies (3) of 164684
 
Mark and others,

With so much new cash on hand (can't recall, something over $300MM), I wonder whether AMZN management might be less careful guarding that horde then they were when they had only about 1/3 of that amount readily available.

What I'm trying to say is that, as many here likely have experienced, you get more careful with your cash when there is less of it available. The same applies to companies. I've seen the cash crunches come and go at a number of them. Seems to be a typical psychological reaction to a tightening cash position. On the flip side, waste and boondoggles inevitably ensue when cash is easy.

Therefore, a long might be somewhat concerned that AMZN might tend to more freely burn its new found cash, almost all of which is borrowed money.

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