Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Berney who wrote (38474)	3/16/1999 5:42:00 AM
From: P.T.Burnem	Read Replies (2) of 94695

To all: Amazon.com wants another $165B --------------------------------------------------------------- (Bloomberg) Amazon.com Inc. (AMZN): The No. 1 online seller of books, music and videos plans to increase its authorized common shares to 1.5 billion from 300 million to finance acquisitions and corporate operations, and to fend off hostile takeovers, according to federal filings. Amazon rose 5 5/8 to 138 15/16. ------------------------------------------------------------------- Let's see: 1.2 billion of new shares times $138 15/16 equals ~165 BILLION dollars, give or take a few billions, in new financing. Not bad for a mailorder company with an on-line catalog. Folks, we are way beyond tulips here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next