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

To: PAL who wrote (107905)	9/4/2000 4:09:49 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

amazon new privacy policy is an indication that the company is really short of cash: you don't bite the hands that feed you. This is a point management has disputed to an extent they are over reacting. Based on my projections (I guarantee you they are correct. I know this firm.), cash will be required by June 2001. The question remains will the equity markets cooperate? I believe Bezos would have been better off not disputing the cash problem so vigorously. Ignoring it would have been better and more honest. The fact that Amazon has cose to a $billion and will at the end of Q4 2000 has no meaning in context of the cash burn. Near term (not long term debt) liabilities of accounts payable and accrued interest will drop this number to $500 million by January 31, 2001. Sales will sequentially drop from Q4 2000 to Q1 2001 and cash burn will accelerate again. At $3 millione per day cash burn, Amazon will be out of cash in 166 days after January 31, 2001. Glenn