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

To: Glenn D. Rudolph who wrote (42313)	2/24/1999 5:58:00 PM
From: Curlton Latts	Read Replies (1) \| Respond to of 164684

15% underwriting fee? No way again, maybe 5-7% all-in-cost max for a private placement of this nature. That's standard. $275 payable??? Hardly would I ever subtract a source of working capital from cash. Payable is just that. Payable, but not due (normal 30 day terms)---they will always have a rolling 30 day payable. As long as AMZN is growing like mad I would expect the payable to continue to grow! You being in the retail biz are probably very well aware that payables are normal sources of ongoing working capital and increases to payables show up in the cash flow statement as sources. My fundamental analysis might be weak---so, again maybe I'm missing something. Don't apologize for telling me to go do my homework --- it would be well if all investors did more of that rather than less. I've got a thick hide and been wrong more than once. I like to find out quickly when I'm wrong. A little back and forth banter is a small price to pay to accomplish that goal. Good Luck To Each And All Curly ~~~~~~~^^ [6.6] .....> [_]