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

To: Jan Crawley who wrote (68649)	7/21/1999 7:33:00 PM
From: Eric Wells	Read Replies (2) \| Respond to of 164684

Are you suggesting that the Amazon board might be using the split to move the stock price higher in order for the company to benefit on the debt conversion? -Eric

To: Jan Crawley who wrote (68649)	7/21/1999 7:34:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

Ummm.... sorry not too familiar with convertible bonds... but aren't they also affected by the split, so nothing changes really? Otherwise this move seems obvious... you just cant issue a whole bunch of convertible bonds with a floor and ceiling and then split your stock and revise can you? I dunno

To: Jan Crawley who wrote (68649)	7/21/1999 7:48:00 PM
From: MoonBrother	Read Replies (2) \| Respond to of 164684

IMO, AMZN's Q2 report is a very bad one. Don't remember having seen such an unimpressive report ever in AMZN's history. Some say that 2-for-1 split is just the last trick Bezos can use in order to save the stock from diving, I agree. In fact, Bezos' biggest error was that, he did not split AMZN when it hit $220 during last qtr's reporting time when AMZN had a slew of very positive news capped by the fantastic Q1 result. If he did 3-for-1 split as we hoped then, AMZN could trade as high as $100 post split. Now after a mediocre Q2 result, and some 50% price drop from the high, Bezos finally declared a split. Too little too late! Looks that this time AMZN probably will drop below $80 before the split in the next few weeks. Amen! Good luck! MB