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

To: Paul Kern who wrote (113474)	12/27/2000 2:51:19 PM
From: GST	Respond to of 164684

Paul: Glenn is the resident expert in that area. I cannot remember when he says they will run dry -- September 01? You would have to ask him. But this business of counting "fictitious" marketable securities and other questionable accounting practices is something that I assume is being investigated. BTW, the dot.coms always had a taste for the creative side when it comes to accounting.

To: Paul Kern who wrote (113474)	12/27/2000 7:48:35 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

What's keeping AMZN from bankruptcy is the stash of cash which might not really exist. If I remember, AMZN had some of it's cash assets invested in other dot bombs so there may not be very much left. Paul, The Q3 2000 report from, Amazon did indicate how much cash was stock from other dot coms. It was a lot of money but not an extreme amount considering how much cash Amazon burns. In "real" cash Amazon should beable to function through Q3 2001. I doubt their vendors will supply inventory beyond that without a cash infusion. I do not believe the rumors that Goldman Sachs is trying to raise money for Amazon is just a rumor. I believe it is accurate. I also believe it is not going well. This will be an interesting year for Amazon.