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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST
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To: Mandinga who wrote (4025)5/6/1998 3:50:00 AM
From: H James Morris  Read Replies (1) of 164684
 
This Amzn junk bond issue, reminds me of a company called Cymer (cymi). They also went to junk financing, albeit, not so expensive.
Anyway the buying junk holders also took out shorts to protect their investment, and they watched Cymers stock go from, 95 to 15.
Altough Cymer is, still a viable co, trading @ $22ps, and it appears they will be able to pay off their debt, will you stay up all night, worrying about the Amzn junk bond investors??
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