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

To: Winston Kim who wrote (11295)7/22/1998 5:07:00 PM
From: igor  Read Replies (1) | Respond to of 164684
 
Cash Burn!

Cash on hand, less accounts payable, less lt debt has gone from
plus 15.8 mill to minus 39.8 million since December 31, 1997. this is a net cash burn of 55 million.

igor



To: Winston Kim who wrote (11295)7/22/1998 5:49:00 PM
From: Imran  Read Replies (2) | Respond to of 164684
 
"This company is doing the same thing AOL did in the initial years, just wait 1 more year. I think AMZN will turn a profit. "

AOL is a monopoly with significant barriers to entry, AMZN is a commodity with no barriers to entry.

When will the bulls learn to stop comparing apples to this turkey?


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