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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 217.15

-2.5%

Nov 20 3:59 PM EST

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To: Jan Crawley who wrote (88768)	12/28/1999 7:51:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Another Amzn bond-conversion filing, 424B3 dated 12/27/99. Bond holder Merrill Lynch Inc. was converting $5,090,000 for 65,233 Amzn shares. $78.0275 per share is the set conversion rate. nasdaq.com Jan, Do you believe ML is holding the stock? I believe they would have had an upside with the bond the same as stock except the bond did pay some interest. My guess is they are selling. Glenn

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