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To: Tradegod who wrote (67896)	7/15/1999 6:08:00 PM
From: Tom D	Respond to of 164687

How can I set you straight,when you already know more that I do? I appreciate the information. You really are better informed than I am on this topic. I like to have conversations on the internet with people who know more than me. In the hopes of pulling them down to my level of confusion and ignorance. <g> Tom D

To: Tradegod who wrote (67896)	7/15/1999 7:10:00 PM
From: Glenn D. Rudolph	Respond to of 164687

I have seen several posts regarding the 156 price and am confused. KIS even mentioned that scamsters will push the stock up there so Bezos won't have to make the first interest payment. My understanding was that 156 was the conversion price. Doesn't affect interest payments. Doesn't do the bond holders any good to convert unless it's signficantly above that. The forced conversion by the company would only come if it trades for 20 out of 30 days at 150% of that, or about 238. Earlier this year I understand many of the bond holders shorted the stock above 200 and voluntarily exercised their conversion option at 156. Those doing it now would seem to be taking on unnecessary risk, as the stock is below that currently. Pleas set me straight. Tradegod, You explained the bond well. In fact, you did not make one error I can fine. KIS mentioned it because he does not understand how it works. I have been posting the conversions as they are being filed in a 423B with the SEC. I believe 70% or more are now converted. There is no advantage to convert now as you stated. Glenn