SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Myword who wrote (4976)6/3/1998 9:30:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
...who in the hell bought all those bonds ?

WBH, you forget that, if AMZN can't make the interest payments that begin in five years, then the note holders own the company. Since the chances aren't too bad that the company will survive that long (accruing interest doesn't require cash), either they will grow big enough to service the debt or they will be smaller and, after bankruptcy, debt free. Of course, in the latter case, the current equity holders will be gone.

Regards,
Bob



To: Mark Myword who wrote (4976)6/3/1998 11:27:00 PM
From: Skeeter Bug  Respond to of 164684
 
>>who in the hell bought all those bonds ?<<

probably the same dolts who bought micron's convertibles (sp?) when it was 25 points higher 9 months ago ;-) who said the rich don't believe in wealth re-distribution ;-)

mu may go bankrupt before amzn. we are in a mania. people will buy anything. even ktel for over $60. ponder that...


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News