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


To: KeepItSimple who wrote (66262)7/5/1999 2:21:00 AM
From: hsg  Respond to of 164684
 
very interesting...



To: KeepItSimple who wrote (66262)7/5/1999 3:19:00 AM
From: dbblg  Read Replies (1) | Respond to of 164684
 
>>Bezos really really doesnt want to make that payment.

Maybe. Given the choice, I am sure Bezos would rather pay the interest if it meant that the net stock market had cooled and his competitors were losing easy access to capital. Barnes and Noble online was able to raise 450 million not because of its success but because of Amazon's.

In any event, it is not like all the noteholders will convert if the stock spikes up above the conversion price.



To: KeepItSimple who wrote (66262)7/5/1999 11:30:00 AM
From: H James Morris  Respond to of 164684
 
>>Bezos has about 30 days until he has to make a 30 million interest payment- unless AMZN trades above 156<<
I don't follow his convertible junk bonds, but I thought Bezos had 5 years before he had to make any payments.
If that's not true, please tell me more. What is it I'm missing?