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


To: Randy Ellingson who wrote (111075)10/24/2000 5:31:32 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Randy,

I typically never say anything positive about Amazon. However, this is a time for giving credit. Inventory turn has improved. Indirectly, that helps gross margins. Small mark downs are reduced, etc. Less price reduction to sell also helped. Maybe they are getting a better handle on inventory management. Cash burn was reall $24 million not $4 million from what I can tell due to the $20 millions from TOY. Not a big issue either way.