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

To: Victor Lazlo who wrote (144122)	7/23/2002 5:19:36 PM
From: GST	Read Replies (2) \| Respond to of 164684

Whever you see a "big" drop in gold prices ($5-$10 in a couple of days)it signals an attempt by large players to rally the stock market by shorting gold.

To: Victor Lazlo who wrote (144122)	7/23/2002 5:37:22 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Amazon's working capital I calculate at $163 million. However, with the following footnote working capital is $39 million. We have pledged approximately $124 million of our marketable securities as collateral for certain contractual obligations, compared with $167 million as of December 31, 2001. Amounts pledged for standby letters of credit that guarantee certain contractual obligations, primarily property leases, were $56 million; $28 million is pledged for a swap agreement that hedges the foreign-exchange rate risk on a portion of our 6.875% convertible subordinated notes; and $40 million is pledged for certain of our real estate lease agreements. The amount of marketable securities we are required to pledge pursuant to the swap agreement fluctuates with the fair market value of the swap obligation. I love this one: "Accumulated deficit (2,977,281)" That will exceed $3 billion after this quarter. Oh well they are doing fine LOL.