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


To: Bill Harmond who wrote (38299)2/5/1999 6:41:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
What financial report is that? Reported losses are now the lowest percentage of sales
ever, and, in fact, Amazon was $37 million cash-flow positive in Q4. Ask Glenn what
positive cash flow means.


William,

I can't argue with the positive cash flow. However keep in mind that currnet liabilities were $250 million. That was off the top of my head. Anyhow, at the time AMZN reported their numbers, the balance sheet is fixed as of December 31, 1998. That of course is true for all firms. The difference is the $250 million had have been paid at the time of the report and if we could look at a balance sheet as of the third week in January, cash flow would be negative.

It is good we live 3000 mile away LOL.

Glenn