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To: MSI who wrote (57470)5/19/1999 11:36:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
> $2b of 4.5% money at 9% can float a zero-profit company forever.

True, but Bezos seems to like losing more and more money each quarter. Just 1 year ago, their burn rate was low enough that they could have never spent that much cash..

Now, they'll burn through it within 3 years by giving books and videos away for below-cost..

Interesting transfer of wealth. Never thought I'd get a discount on my reading purchases simply because enough dumb people were throwing their cash at bezos..