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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

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Nov 10 4:00 PM EST

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To: Haim R. Branisteanu who wrote (39921)	2/12/2000 12:35:00 PM
From: Jan Crawley	Read Replies (2) of 99985

Also AMZN issued ..I think the company has somthing like $2 bill in debt and loosing around $300 mill per quarter Just want to add that: The first convertible debt(issued in 2/99); 1.2B with a $78 per share conversion price, has mostly been converted into Amzn shares and sold into the float already, per the SEC filings. In other words, the 1.2B debt is pretty much disappeared. They just "completed" the second debt issue two days ago, 861M at 6.85% with an "adjustible" conversion price of $103. The "story" goes on. Regards.

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