Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Alomex who wrote (108357)	9/12/2000 1:15:51 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Alomex, after all these years you still don't get it. Amzn is valued on revenue growth, and it might stay that way for a couple of more years. Btw >Many investors did. Convertible bond mutual funds, which posted an average 9.79 percent total return in the first quarter, stalled, according to Chicago-based fund information service Morningstar Inc. Through Wednesday they are up 10.22 percent this year, Morningstar said. Among the fallen angels, the most famous were the bonds of Seattle-based Internet retailer Amazon.com Inc. <AMZN.O>. They tumbled in June after Lehman Brothers Inc. analyst Ravi Suria labeled the credit "extremely weak and deteriorating." Starting in the second quarter, investors ran for cover, as "safer" companies, especially energy services companies such as Houston-based Nabors Industries Inc. <NBR.A> and Transocean Sedco Forex Inc. <RIG.N>, came to the fore. At least 10 sold 20-year "zero-coupon" bonds paying no current interest at all and carrying high conversion premiums.