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


To: H James Morris who wrote (11197)7/22/1998 11:51:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I also expect Bezos to announce the 5mil share dump on the public in the next 6 weeks.
How long was it estimated that the junk money would last @ Amzn's current burn rate?


H,

The junk money would have lasted until mid 2000 at the current burn rate of last quarter. However, if losses are even close to present estimates, the current burn rate has doubled and the money will be gone this fall or by Jan 99.

Glenn