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

To: Jan Crawley who wrote (71653)	8/3/1999 9:31:00 PM
From: Impristine-2	Respond to of 164684

Jan... but what if they did a 3 billion offering right now.. they could pin this dude to the mat, considering everyone is poor, margin calls, ect... Strong Getting Stronger... Weak Getting Weaker...

To: Jan Crawley who wrote (71653)	8/3/1999 9:38:00 PM
From: Michael Young	Read Replies (1) \| Respond to of 164684

<<The bond holders have the right to convert their bond-holdings to Amzn shares at $156 per share at ANYTIME. >> What holder would EVER want to convert into AMZN shares????????? If they wanted shares they would just buy them. Instead they want to get paid the interest and short the stock. It is a sweet play. They make a killing if the stock tanks. The convert has a floor, but the common doesn't. This is the same crowd who made a killing on the BOST converts as it sank into oblivion. MIKE