Amazon.com, Inc. (AMZN) Message Board

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

AMZN 221.11

+1.8%

3:17 PM EST

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To: Rob S. who wrote (51156)	4/18/1999 2:22:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Right now they are spending for new facilities Rob, They are not buying these facilities. They are leasing them. I think that Amazon will be able to reduce costs sufficiently to become profitable in a few years. I don't think they will run out of money. They have over a billion in cash now and are paying for acquisitions mostly with stock. The recent acquisitions was cash I believe for shares of these startup companys. It is not much cash. Likely $30-$50 million each. I do believe a lot of cash will be used to renovate these leased distribution centers. I do expect AMZN to burn this cash quckly. Time will tell.

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