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

To: Killswitch who wrote (111085)	10/24/2000 6:01:19 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

AMZN is not going out of business. I hope this latest conference call sealed it for you Glenn. I am sure you heard they are predicting a 2001 sub-5% loss against their predicted $4billion in sales. That is sub-$200million loss, and they will have over $700million left at end of 1Q2001. They might even be cash flow positive by end of 2001. Brian, I am not convinced at all. In fact, management evade the question for total cash burn for the entire year of 2001. I do not recall the analyst that asked the question, but she twice asked if the "cash flow positive" claim forQ2, Q3 and Q4 2001 would off set the loss in Q1 2001. Amazon management would not give an answer. Also, there appears to be a $20 million cash burn inflation here due to the sales of toys to TOY. The only question left is does the current stock price represent a good valuation The only question??? Not at all. The firm has more problems now that even last quarter. Just not as bad as I expected. Glenn