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


To: llamaphlegm who wrote (12310)8/2/1998 4:33:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

This is Covey interviewed on6/13/98 as the first guest on TMF's radio show. If you look
past the softball questions (they do have a lot invested in the company after all) and read
between the lines, you'll notice that she was unable to:


LP,

I have listened to this in the past. You are correct in stating Covey could show no competive advantage. She also stated incorrectly that AMZN has positive cash flow from operations. There was some positive cash flow last quarter but that was not from operations. It was from the stock issued to acquire the three companies the prior quarter. Actully, Amazon has negative cash flow. The complete wipe out of the IPO funds is proof of that.

Glenn



To: llamaphlegm who wrote (12310)8/2/1998 4:35:00 PM
From: llamaphlegm  Respond to of 164684
 
Oops -- as always, zaxbowow is one step ahead of me on the real audio feed.

Sorry,

LP