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

AMZN 239.30

-1.0%

Jan 30 9:30 AM EST

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To: Bill Harmond who wrote (22867)	10/24/1998 8:00:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164685

New managers, new agendas, more meetings, new internal rivalries, more time. William, Time works against AMZN unless you believe a secondary will go over well. The junk bond money will be eaten up severely in their attempt to beef up inventory of their better sellers. Then there is the cash burn due to losses. They did acquire cash with their acquired companys so that helps. They still will need more cash soon. Glenn

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