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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Yojimbo who wrote (37479)	1/28/1999 7:19:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

<iIce/Glenn - AMZN CVT TERMS Yojimbo, Thank you very much for explaining. I really had no clue. I have one question still maybe I am dense. "Demand for the offering will determine where the coupon is. At 5% on $500mm that's $25mm/yr, cash not paid-in-kind (i.e., more paper for walls)." Is this paper stock? I am missing how the bond owner receives the interest during the term. Glenn

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