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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (105302)	6/23/2000 4:11:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

>a Reality Check for Amazon...FYI... My favorite part: "Adding to the operational weakness is the mounting pile of debt, as Amazon has essentially funded its revenues through a variety of sources over the past year," Suria said. "From 1997 through the last quarter, the company has received $2.8 billion in funding, while its revenues have been $2.9 billion - a whopping $0.95 for every dollar of merchandise sold." So all these rave revenue figures investors have been hearing about were a mirage. Any company can post 150 percent revenue growth if it has the cash to manufacture the sales.