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Amazon.com

(AMZN)

was up 9.8% in late morning after

Credit Suisse First Boston

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TheStreet Recommends

and

Merrill Lynch

said the online retailer appears to have enough cash to continue operating this year and discounted the possibility of a creditors squeeze. Last week,

Lehman Brothers

raised questions about the company's cash position. Also today, Amazon began selling downloadable software.