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

To: John Chen who wrote (113001)	12/19/2000 2:42:46 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

When 'reporting' cash without breaking it down has good intention of 'misleading', especially from those network of companies that have 'sweet-heart deal': "I pay your POS for Millions and you pay mine.....". Of course, most dot.con companies are honest and wouldn't do things like that. WS wouldn't help them mislead the public, would they? In my opinion, the company that does this the most. Amazon has a special knac for playing with the accounting numbers. I feel everytime I read their 10K or 10Q I am being an IRS agent trying to look for trends that are hiding something. The scary part is I always find some. The last 10K showed cash as "cash" and then the balance as marketable securities. However, they took it a step further to have marketable securities they plan on selling within the next 90 days. There was no breakdown of what they were. Cisco, Microsoft, Intel, etc. all have far more cash than Amazon. Their 10Ks and 10Q are quite easy to read and they even list the firms in which they hold positions or at least large positions. My guess is when you really have billions in cash and are cash flow positive, there is nothing to hide.