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


To: Eric Wells who wrote (68650)7/21/1999 7:38:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
might be using the split to move the stock price higher in order for the company to benefit on the debt conversion

No, not really. I think that some conversion already completed and he is probably thinking short-term, the slow summer...see, if Amzn trades under $100 after Aug, the 2:1 will make it under $50!!!

Keep in mind the 13.5M short interest, the float will double but the short will too.



To: Eric Wells who wrote (68650)7/21/1999 7:42:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Did you close your Amzn short?