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


To: Victor Lazlo who wrote (72491)8/6/1999 9:54:00 PM
From: Glenn D. Rudolph  Read Replies (1) | 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.)


Victor,

Amazon only pays interest on the the non coverted bonds every six months.

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


This is the fourth time I have been long this stock. All but one have been profitable.

Glenn



To: Victor Lazlo who wrote (72491)8/7/1999 12:52:00 AM
From: 10K a day  Read Replies (1) | 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.) " >>>

Dude!!
You're Right!
They pay 1.25 Billion a Day...
They got the Loan From KISS....<<gg>>



To: Victor Lazlo who wrote (72491)8/7/1999 1:39:00 PM
From: Bill Harmond  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.)

Victor, Amazon earns as much interest as they pay out, and they have been retiring debt besides. The convertables are below-market rates and Amazon has $1.1 billion in cash.