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

To: Olu Emuleomo who wrote (123569)	4/12/2001 1:48:18 PM
From: Alomex	Read Replies (1) \| Respond to of 164684

Amazon.com currently has enough cash on hand to finance operations for the next 18 months to 24 months, Moody's said That looks like a typo. From Amazon's own fudged figures, they are burning at least $100 million per quarter. Since their cash reserves are $640million, about $200 million of which is inventory they owe, they have about enough cash for 4 more quarters or 12 months max. If in reality they are burning $150 million (which is quite likely) they have enough cash for 2.5 more quarters or eight months, and if Glenn is correct (and so far he has been) they have enough cash for less than two quarters or six months. Was kozmo already 100% written off by Amazon?