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

To: Glenn D. Rudolph who wrote (111683)	11/8/2000 12:42:44 AM
From: Alomex	Read Replies (1) \| Respond to of 164684

Even if this is all cash at current market prices, Amazon will need cash by next September. Amazon burned $125 million last quarter according to how I do accounting even though management states otherwise. Let's work this out. Losses of $125M last quarter, plus double that next quarter to $250M. The Xmas momentum into Q1'01 results in losses there after of $100M per quarter (in fact I expect them to be closer to $70M or so). Add it all up and the expenditures after the X-mas quarter should be in the range of $210-300M before Q4'01. This is why I claimed that if at the end of Q4'00 AMZN had $600M or more of real cash in the bank (as opposed to fishy accounting tricks under investigation by SEC), they wouldn't need any more financing.