What's Amazon Doing?

Seattle Post-Intelligencer reports on why Amazon isn't making news like some of its big internet peers:

Amazon had $629 million in cash and cash equivalents as of June 30, which pales in comparison with Google's projection of $7 billion in cash, after this week's public offering, and Yahoo!'s roughly $4 billion in cash.

But, Amazon's cash balance is more in line with that of eBay, which had $897 million on the books on June 30, before its $2.6 billion purchase of Skype and $634 million purchase of Shopping.com in August.

Anyone who's interested in Amazon should read this article.