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

To: Alomex who wrote (129162)	7/26/2001 11:08:14 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

From those figures it seemed they made almost no progress in their quest for profitability, suggesting then that the proverbial "path-to-profitability" is just not there. I ran figures too and the inefficiency is the same now as before. Contrary to managements comments, they are not gaining on their losses. Of course management claimed that cash was not a problem but that was the real "hogwash." IMHO, Amazon will have sales in Q4'01 for $1.1 billion and then announce massive layoffs during their January 2002 conference call (I'm talking 30-50% of labour force here boys and girls), with a promise of cash flow positive for Q2'02 to keep the hype and spin machine going.... I am not sure the influx of $100 million is enough to pay Q1 2002. It would be very close. We may see them fold into AOl at that point in time after the debt is removed by filing Chapter 11.