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

To: H James Morris who wrote (116949)	2/4/2001 6:08:41 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

He said the company can count on the things that separate it from other retailers: 30 million customers; the 48th most-recognized brand name worldwide; a sophisticated e-commerce system; $1 billion in cash. Bezos has more bullsh*t than book. Amazon, by admission has around 17 million active customers for the tweleve months ending 12/31/2000. Amazon has lost 40% of their customers already in less than five years. Current active customr could be far lower than 17 million an likely is not higher due to this is not the holiday selling season. $1 billion in cash?? I saw accounts payable of $475 million. Amazon has admitted to being down to $650 million in cash by 3/31/2001. Amazon does not have $1 billion in cash today or anything even close. Amazon will run out of cash by Q4 2001. It would be nice to see Bezos shoot straight for a change. I can't comment on the brand name recogniton. It likely is not all that important in my opinion and wil diminish with diminished marketing. Glenn