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


To: Glenn D. Rudolph who wrote (3423)4/25/1998 11:06:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 164684
 
How much risk tolerance would the buyer of these bonds have?

Glenn,

Thanks. As someone else noted, the buyer of the senior discount notes will effectively be writing (not buying) a big put on AMZN.

Gary Korn