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


To: Craig Richards who wrote (16221)9/5/1998 5:29:00 PM
From: wiley murray  Read Replies (1) | Respond to of 164684
 
Craig:Thanks for all the information.How does this stock stay up at all?I would not be surprised to see it at 50 next week or lower.Certainly not at 86!



To: Craig Richards who wrote (16221)9/6/1998 11:31:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
David Rocker, a New York-based hedge-fund manager, advises shorting Amazon's stock
and buying its junk bonds. Earlier this year, Amazon raised $325 million selling
senior-discount notes due 2008. The bonds, which pay no interest for five years, were
priced at 61.507, to yield 10%. While the bonds barely budged as the stock soared earlier in
the year, they've weakened lately. Last week, they were being offered at 50, with no bidders
in sight. At that price, the yield stands at a hefty 12.9%.


Craig,

Thank you for this paragraph. I was wondering how the bonds were doing and di not know how to locate that information.

For future reference, can anyone tell me how to look up a bond?

Glenn