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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: KeepItSimple who wrote (59133)7/13/1999 10:17:00 PM
From: DO$Kapital  Read Replies (2) of 164684
 
<<<<<If so, why did one of the two largest AMZN shareholders just hedge their entire position with an offshore offering today?

A swiss franc issue, 20MM Call warrants, strike price $200, expires February 28, 2000.

Now 20MM warrants is equal to only two shareholders shareholdings. Mr. Bezos, or Deutsche Morgan Grenfell. Now I will ask this Board to speculate as to why anyone would want to buy those warrants, but most importantly whose shares are backing them, if at all. Could these be covered calls?

And if they are, is someone protecting his/her downside even more? Why did GS sell this deal in Europe and not in the States?>>>>

Did you or anyone else on this thread ever discover who the
$20 million call writer was/is?
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