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


To: Oeconomicus who wrote (3498)4/28/1998 12:30:00 AM
From: Gary Korn  Respond to of 164684
 
An increase in prepaids or deferred charges on the asset side would indicated a deferral of cost recognition.

Bob,

Thanks for your corrections, as I am not an accountant and am poor with financials. With respect to the above quote, there was a $1.2M increase in prepaid expenses on the asset side, from $3.2M to $4.4M. Does that translate to about 5 cents/share, or am I still reading this wrong?

Another concern. If you take away the $75M loan from the current cash on hand of $98M, AMZN is left with only enough cash from the IPO ($23M) to run maybe another 2 1/2 quarters. After that, AMZN would be operating totally on debt financing.

Gary Korn