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

To: Glenn D. Rudolph who wrote (77461)	9/16/1999 11:57:00 AM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Internet company VerticalNet (VERT: news, msgs) is planning to offer $125 million of five-year convertible bonds. Pricing is expected late Thursday. The offering is being lead-managed by Goldman Sachs and is expected to offer an initial conversion premium of 18 percent to 22 percent with an expected coupon range of 4 3/4 percent to 5 1/4 percent cbs.marketwatch.com Glenn, based on the above info, I thought that 200 Vert short shares maybe a small $1K play. I would like to cover them before closing today. p.s. I posted this news on Monday, so it's sorta old now.