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


To: Alomex who wrote (123266)4/9/2001 4:20:09 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Will suppliers send merchandise to AMZN with only $100 million net in the bank? I don't know the answer to that one....


Nope!



To: Alomex who wrote (123266)4/24/2001 6:07:24 PM
From: Alomex  Read Replies (5) | Respond to of 164684
 
. Since the quarterly cash burn is around $183-253 million., this means they are losing $2 to $3 million a day.

At this rate their actual cash position will be $100 million by the end of Q3, which will be window-dressed to $300 million using accounts payable. Will suppliers send merchandise to AMZN with only $100 million net in the bank? I don't know the answer to that one....


It seems to me that the figures released today confirm this. Cash decreased by $450 million, while accounts payable went down only by $235 million. For a net cash burn rate of $220 million. Am I missing something?