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

To: Bill Harmond who wrote (145006)	8/7/2002 11:19:11 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

""destined to fail within two years" " Bill, Please give me some credit. That I may have said. That also would have been accurate. How was I to know that AOL would give Amazon $100 million late last summer? I know it was an investment:-) Anyhow, Amazon would not have had sufficient working capital for the the fall holiday season of 2001 if it were not for the extra $100 million. The $100 million was not in my projected cash flow analysis. I know I am very far from perfect but I really believe I have predicted the fundamentals of Amazon quite well all along. They can survive now but they need to charge for shipping. It would become a huge number on the bottom line even if it were only $6.00 per shopping cart checkout.