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

To: Skeeter Bug who wrote (128948)	7/24/2001 12:48:58 PM
From: stockman_scott	Read Replies (2) \| Respond to of 164684

why has AMZN lasted this long? IMO, Investors have been WAY TOO PATIENT...The company has had years to prove they can develop a business model that MAKES MONEY...=) Best Regards, Scott

To: Skeeter Bug who wrote (128948)	7/24/2001 11:55:37 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

glenn, what was amzn's cash burn last q? losing $700 mil in gaap dollars per year still looks steep to me. ;-) Cash burn seems to be about $125 million for Q2 2001. There was about a $11 million influx into marketable securities which Amazon classifies as cash that I cannot find the source. They show it as an investment gain but it would seem very difficult to believe Amazon made $11 million in the stock market or on bonds during Q2 2001. Amazon did poorly in their investing during good times. Anyhow, burn would have been about $136 million without the investing gain. By the way, Amazon broke out their losses from investments as a seperate charge for the last few years. The losses in Pets'com, etc. However, this $11 million was added in as though it came from operations. I believe inventory was down as was payables due to the fear of providing credit by some of their vendors. The $100 million from AOL may still not be enough to make all vendors comfortable. investors aren't too impressed. i think they are beginning to see this aol "deal" as a sign of weakness - iow, they now realize that amzn is wounded and needs help to survive. I was not able to watch today. Did it appear institutions were net sellers today?