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


To: Rob S. who wrote (23589)10/28/1998 11:40:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
One thing that was impressive is that
the company is NOT burning through cash reserves - they only used approx. $1.2 million
according to Covey.


Rob,

This is deceiving. The acquired companys had cash. I believe combined about $30 million. So AMZN did a form of a secondary when making these acquisitions and there is appearance of only a $1.2 million cash burn. The other factor on terms as you mentioned come into play too.

Glenn