Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.95

+0.3%

Dec 1 3:59 PM EST

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To: Rob S. who wrote (23589)	10/28/1998 11:40:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

One thing that was impressive is that the company is NOT burning through cash reserves - they only used approx. $1.2 million according to Covey. Rob, This is deceiving. The acquired companys had cash. I believe combined about $30 million. So AMZN did a form of a secondary when making these acquisitions and there is appearance of only a $1.2 million cash burn. The other factor on terms as you mentioned come into play too. Glenn

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