Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: Greater Fool who wrote (92910)	2/3/2000 1:26:00 PM
From: Wizard	Read Replies (1) \| Respond to of 164684

You can't 'classify' your way out of cash flow, it is what it is.

To: Greater Fool who wrote (92910)	2/3/2000 1:35:00 PM
From: Wizard	Read Replies (2) \| Respond to of 164684

Looking at the balance sheets of the last 2 quarters, the net loss on Q4's income statement was offset by the positive change in Accounts Payable alone. Overall cash & marketable securities are down ~$200mm sequentially but the 'investment' accounts combine to be up $175mm so you are basically there. Whether you are slightly cash flow positive or not isn't all that meaningful. The real point is that Amazon grew non-book revenues 200% sequentially while books grew a respectable 34% sequential. The model works and we are headed for eventual 100%+ return on capital.