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: Serendipity who wrote (15597)9/1/1998 1:39:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
According to the 10Q, the 3M shares were authorized and issued and registered! The shares may be sold starting in the middle of Sept.

The sellers/holders; I assume, will try to take profit ASAP!!

I am just thrilled that the MoMO is out of this stock right now and those elephants will not be able to unload the shares with happy faces!!



To: Serendipity who wrote (15597)9/1/1998 2:32:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
It doesn't make any difference. Junglee must have had the sense to know that AMZN was valued way too high at the time of the deal. In any case, the deal was down for a fixed number of shares, not the value of the shares at the time of the agreement - so if the stock price goes down the paper value of the deal goes down accordingly (it was an exorbitant paper value at $120/share).


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