Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Randy Ellingson who wrote (111665)	11/7/2000 4:23:11 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

>Bezos' so-called house of cards is Amazon.com, and that's not looking >too wobbly at the moment, IMO. In flagrant disregard for investor information, the "1 billion" in cash and marketable securities has yet to be broken down in any quarterly statement. If it turns out that a majority of that "cash" is actually stock in worthless dot.coms, then amazon will have to return to the debt market and beg on their knees very soon. Pretty darn wobbly if you ask me.

To: Randy Ellingson who wrote (111665)	11/7/2000 9:51:10 PM
From: Glenn D. Rudolph	Respond to of 164684

Bezos' so-called house of cards is Amazon.com, and that's not looking too wobbly at the moment, IMO. Randy, I know we have beat this to death but let's visit the current situation. The ACN is no longer an issue one way or another. Distribution costs in the US are close to fixed except the variable labor issue. This is not the case in Europe and Japan. What do you believe it will take for Amazon to move towards profitability? I know Blodget stated last quarter was an inflection point. The fact is losses are continueing to increase. Losses are a smaller percentage of revenue but revenue is increasing so the denominator is larger. Do you believe the equity markets will have enough faith to give Amazon more money next spring? That is really the issue presently. The need for cash next spring is a sure thing. That I believe I can prove so there is the issue. Amazon has always amazed me how they were able to obtain more funds. I am not underestimating their ability in doing that. It seems market sentiment along those lines is not as good. Thoughts? Glenn