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


To: Victor Lazlo who wrote (116994)2/6/2001 9:55:46 AM
From: manalagi  Read Replies (2) | Respond to of 164684
 
Amazon traded at a 52 week low. Their biggest cheerleaders are abandoning ship. With a $ 2.1 billion debt and $ 1 billion negative networth the company needs chrysler type of a government bailout.

The motley fools are saying sayonara:

fool.com

fool.com

Actually I have a mixed emotion: amazon has the best site to find books, music albums and dvds.



To: Victor Lazlo who wrote (116994)2/6/2001 11:11:43 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Victor, bought ATPG today @ 14.00 on its IPO. I won't consider selling it until the energy crisis is over.
>NEW YORK, Feb 1 (Reuters) - Shares of ATP Oil & Gas Corp (NASDAQ:ATPG) priced at $14 per share in an initial public offering on Monday, below its adjusted range, said lead underwriter Lehman Brothers.

The Houston-based company raised $84 million by selling 6 million shares, instead of the proposed offering of 7.5 million shares.

The estimated price range was expanded to $15-$18 a share from $15-$17 a share, in an amended prospectus filed with the Securities and Exchange Commission.

The company, which develops and produces natural gas and oil properties mainly in the outer continental shelf of the Gulf of Mexico, plans to use the proceeds to repay debt and for general corporate purposes.

ATP Oil will trade on Nasdaq under the symbol "ATPG" starting on Tuesday.



To: Victor Lazlo who wrote (116994)2/6/2001 11:36:02 AM
From: The Reaper  Read Replies (2) | Respond to of 164684
 
VL, didn't know that. I guess I jumped to conclusions regarding Lehman. Gawd, I hate it when I'm wrong.

kirby