SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (71662)8/3/1999 10:03:00 PM
From: Michael Young  Read Replies (3) | Respond to of 164684
 
<<. If the bond holders shorted Amzn around $180; they will be very tempted to cover now under $100. The shorting can be independent of the bond ownership." >>

These people have no need or desire to cover. They aren't paid by their clients to bet on the direction of internet stocks. They are simply locking in a sweet arbitrage play. Just look at some old articles regarding how they played BOST.

MIKE