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: Glenn D. Rudolph who wrote (72428)8/6/1999 4:29:00 PM
From: Tradegod  Read Replies (1) | Respond to of 164684
 
Glenn, good luck on your long position. I just wonder if this wasn't another spike in a long down turn. Sadly, if you look back over the last six months, the normal great buying opportunity has been the intraday reversal; a multi week downtrend, selloff morning followed by a rally to positive for the day on heavy volume. Exactly what we had yesterday. Unfortunately, these reversals in the past were followed by significant up days. Today was serious down volume with a close at the low of the day.

Second subject: Help me understand the bond prospectus you posted. Does this mean that Goldman Sachs is converting 274,000 shares at this time? Or perhaps had they shorted it at some time in the past and are covering today? Do they convert at the current market price or 156? Math seems to indicate 156. If they're converting now, why? Worried about the bonds?



To: Glenn D. Rudolph who wrote (72428)8/6/1999 9:51:00 PM
From: Victor Lazlo  Read Replies (3) | Respond to of 164684
 
So amzn has to keep paying $1.25 billion to the bondholders until the stock reaches 234 for an extended period (which has never happened before.)

And you bought the stock long today Glenn?
Are you the real Glenn, or an alien body snatcher? I fear the latter.

This is truly the last sign of the apocalypse!!

Victor