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

To: zax who wrote (16183)	9/5/1998 2:14:00 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

>>In fact, almost no companies in the sector are healthy enough to survive on their own in a downturn. Of the group, only Yahoo! Inc., the dominant search engine company, has enough in the way of cash reserves ($143 million as of June 30th) to ride out a long slump - more than a 10 year supply at the company's historical burn rate of $3 million per quarter. I don't understand this one at all. Yahoo has been cash-flow positive from operations for five quarters.