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

To: Glenn D. Rudolph who wrote (116790)	2/1/2001 6:35:54 PM
From: H James Morris	Read Replies (1) \| Respond to of 164687

>This year, 11 companies have sold $6 billion of convertible bonds, according to Bear Stearns & Co. That's below the level last January, when 16 companies sold $6.82 billion. Last year, companies sold a record $59.3 billion, according to Thomson Financial Securities Data of Newark, N.J. Six of this year's new bonds, totalling $3.8 billion, carried investment-grade ratings, Kusuma said. "Having good credit fundamentals helps" in this market, she said. That's a shift from last winter, when credit was much easier to get, especially for risky telecommunications and technology companies. Internet retailer Amazon.com Inc. (NASDAQ:AMZN), for example, sold convertible bonds last February, and now probably couldn't even if it wanted to, analysts said.