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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Sarmad Y. Hermiz who wrote (63068)	6/17/1999 11:28:00 AM
From: Sonny Blue	Read Replies (1) \| Respond to of 164684

>>after the steep losses (or profit reduction) suffered by amzn holders, whether they will resist the temptation to sell at 130 or 140.<< Don't try to out-think yourself. The bondholders are in for a long haul. If they want to convert, why at 130 or 140? The key issue here is always the interest rate, since these stocks are traded as zero coupons. Yesterday the tamed CPI number has changed the inflation & interest rate outlook and therefore these inet stocks can be valued higher again. interactive.wsj.com BTW, bond yield has just dropped below 6%.