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 238.17+0.6%Jan 15 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Korn who wrote (4540)5/25/1998 9:52:00 PM
From: Mark Fowler  Read Replies (1) of 164684
 
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.<<

Gary, I'm sure they'll manage there cash well and they had better in view, have that high interest on them junk bonds to pay off. Most of that cash will more than likely go towards global expansion. I know they're aggressively expanding into Europe were the growth in computers is excellent right now according to Dell, as from what i been reading. Amzn might experience slower growth in revs. over the summer months so that cash would help shore up the slack in the mean time. However, that needs to be seen yet.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext