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


To: M. Frank Greiffenstein who wrote (19447)10/1/1998 2:37:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

But AMZN's 2008 bonds keep paying a fixed 10%. Unless AMZN can renegotiate those
bonds, they will find themselves paying high interest in a situation of declining margins.
Not a pretty picture.


I doubt those bonds will change.

Glenn



To: M. Frank Greiffenstein who wrote (19447)10/1/1998 3:00:00 PM
From: Jay8088  Respond to of 164684
 
AMZN 2008 bonds are zero coupon for 5 years. I thought Bezos really out slicked Bill Clinton on that bond offering. I have a serious doubt that funds who bought those junk bonds would get anything back.