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

To: KeepItSimple who wrote (67800)	7/15/1999 1:19:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

>>I'm long AMZN, and have been for the last two days. Of course. Did you buy 11,000 calls?

To: KeepItSimple who wrote (67800)	7/15/1999 1:26:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

I'm long AMZN, and have been for the last two days. Ta dah...and here it is LOL.

To: KeepItSimple who wrote (67800)	7/15/1999 3:17:00 PM
From: John Donahoe	Read Replies (1) \| Respond to of 164684

RE: I'm long AMZN, and have been for the last two days. I fully except Bezos and his marketmaker buddies to run this stock to 156* and keep it there for 30 days* Why 156? Why not 356?

To: KeepItSimple who wrote (67800)	7/15/1999 3:57:00 PM
From: dbblg	Respond to of 164684

>>I fully except Bezos and his marketmaker buddies to run this stock to 156 and keep it there for 30 days. JFTR, you seem to be blending the conversion and call provisions on the notes. The holders can convert to common at 156 (and change, don't remember the exact fraction) at any time. I think some have already done this. AMZN can redeem the notes early if the common stays 50% above the conversion price for 20 days out of 30. I don't see any reason why they would do this, especially since there are make-whole payments, etc., involved.