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


To: GST who wrote (124352)4/30/2001 9:33:26 PM
From: Alomex  Read Replies (2) | Respond to of 164684
 
"Ways Amazon.com could restructure its long-term debt, analysts said, include cutting the conversion price on the convertible bonds, or otherwise offering new equity, or actually buying some of the debt back." Or Chapter 11

IMHO, Amazon can approach its lenders and say: either we declare bankruptcy which means you get cents on the dollar or we can exchange for a new debt one with no interest due for two years, higher principal and a convertible price of $18 instead of the $80 or so that it is right now...



To: GST who wrote (124352)5/1/2001 10:04:31 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Or Chapter 11

The above is very likely now. Have you visited bestbuy.com site? Pretty darn good.