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

To: F The who wrote (6964)	6/21/1998 6:04:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Most of the money raised goes to themselves, executives and officers. Look at the company is in debt, practically book value is zero, yet the executives and officers are worth more than a billion. What a joke! Felicia, Using the prior cash burn rate of AMZN, their book value is now negative. The only assets of AMZN now are the stock price and those on the net that are aware of them. There are more people in the US that never heard of AMZN than have. AMZN's interest expense continues, competition continues to increase, losses continue to increase and there a no tangible assets at all. The executives are billionaires as you stated. Makes perfect sense to me<VBG> Glenn