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

AMZN 224.47

+1.7%

12:03 PM EST

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To: Bill Harmond who wrote (37936)	2/3/1999 8:41:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Amazon: Delivery into inventory, day 1. Sale, day 14 (average). Payment recieved, day 16. Amazon pays vendor, day 58. William, Sorry but vendar payment is 32 days by Covey's admission. Also, none of this really matters although Amazon wants you to believe it does. How much interest is Amzon paying now to have this wonderful cash flow advantage? Glenn

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