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

To: Reilly Diefenbach who wrote (128860)	7/23/2001 5:28:55 PM
From: Alomex	Read Replies (2) \| Respond to of 164684

If, as you hypothesize, AOL is going to own AMZN, why don't they just buy up the bonds? We have to wait until the details are out. For all we know AOL's "equity stake" is $100 million of senior debt. It certainly would be very much in AMZN's spin machine style to announce a debt offering as an "equity stake". Just like the $500 million in cash payments that turned out to be payments in inflated stock worth little.

To: Reilly Diefenbach who wrote (128860)	7/23/2001 5:39:32 PM
From: Glenn D. Rudolph	Respond to of 164684

If, as you hypothesize, AOL is going to own AMZN, why don't they just buy up the bonds? That gives Amazon no cash. Amazon could not have made the year without the $100 million. This was the only way. The bonds did not matter. Attempt 2