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


To: Bill Harmond who wrote (144930)8/7/2002 8:15:04 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
"while being cash flow positive... "

Bill,

The initial comment was mine. Amazon in fact lost $94 million last quarter which consited of 92 days.

You have a very short memory. You and I both agreed about two weeks ago that cash wise Amazon is treading water. I will add that for fiscal 2001 Amazon burned a lot of cash. Thus far, for the first half of fiscal 2002, Amazon has burned a lot of cash. For the last four quarters, Amazon has only burned $215 million in cash. There cash burn is decreasing.