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


To: Skeeter Bug who wrote (111183)10/26/2000 7:02:40 PM
From: Glenn D. Rudolph  Respond to of 164684
 
the issue isn't whether amzn goes bust or not. the issue is how much more of the pie must be
doled out in order to stay afloat. a $300 million burn rate is HUGE.


Actually, Amazon burned close to $900 million during the last four quarters. That is not an exact number but give or take $50 million it is very close I believe. That makes $300 million look tiny. The $67 million was a negotiation but they did burn $120 million last quarter if I did my accounting correctly.

Glenn