How much cash has Amazon Books got?

Jordan Hayes jmhayes at
Thu Mar 18 20:13:11 PST 1999

From dhenwood at Thu Mar 18 19:23:35 1999

A company like, which loses pots on every sale, can

be safely assumed to have little cash on hand ...

It depends on what you think "a little" is ...

At December 31, 1998, the Company's cash was $25.6 million,

compared to $1.9 million at December 31, 1997. Marketable

securities balances, which include highly liquid investments with

maturities of three months or less, were $347.9 million and $123.5

million at December 31, 1998 and 1997, respectively.


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