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


To: OtherChap who wrote (23024)10/26/1998 9:31:00 AM
From: OtherChap  Read Replies (2) | Respond to of 164685
 
More AMZN sleaze from Yahoo:

In December 1997, AMZN borrowed $75 million from Deutsche.
Part of the collateral included warrants at an exersize price of
$52.11 per share.

Does anyone know if this loan has been repaid? If not, could it be
more than coincidence that Deutsche just initiated coverage with an
accumalate recommendation.

If the loan has been repaid, why so fast. Could this have had
something to do with Bertelsmann's alliance with Barnes & Noble?
Was the loan repaid with the warrants? If it was repaid with
warrants, could the Deutsche coverage be more than just
coincidence?

Am I reading too much between the lines, or is there more to this
than meets the eye?



To: OtherChap who wrote (23024)10/26/1998 9:37:00 AM
From: Glenn D. Rudolph  Respond to of 164685
 

The internet stocks are becoming the "safe haven" for the entire market- a sure sign of
speculative bubble.


That is for sure.

Glenn