Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

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 231.69

+1.4%

1:24 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: M. Frank Greiffenstein who wrote (18531)	9/26/1998 1:50:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Any thoughts on current assets? AMZN doesn't have any cash to speak of, but they list 357 million worth of securities as a current asset. I infer that they are bonds by the way they are described, short ter DocStone, Jeff Bezos was a hedge fund manager prior to going into the retail business. I suspect he is good at handling money, I could not tell you what type securities AMZN is in and I believe further it is not disclosed in any of the SEC filings. AMZN does not like to give out much information. I do believe a variation on interest rates will have far less affect on the AMZN cash flow as does the $35 million per quarter. The recent acquisitions had some cash so the appearance is AMZN is not burning cash as quickly as they really are. They did raise cash via stock dilution. The only way to keep cash on hand is to continue to acquire with the use of stock. Glenn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next