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


To: Jan Crawley who wrote (24566)11/5/1998 12:29:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
I don't see the 'Thing' folding as you do. I see them folding into Aol.
But that is not a scary thought as far as the stock price is concerned. Amzn's has 53 million shares outstanding as of today, will soon to have close to 60 million shares outstanding (due to the options shares issued todate.)


Jan,

I suspect the bond holders would like their money if this folds. That is about $550 million. If AOL pays tha much for AMZN (which is very generous), that is about $9 per share. The problem is tha will not go to the stock holders. No risk here:-)

Glenn



To: Jan Crawley who wrote (24566)11/5/1998 12:42:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Jan<But that is not a scary thought as far as the stock price is concerned.>
I didn't mean to imply that my prediction would have any impact on the 'Things' stock price. If Amzn cool's off starting after next years 2nd qtr and returns to a realistic $15-20ps. It obviously would make it more attractive for Aol.
The point is, as Glen sees the 'Thing' in bankruptcy. I see it as a service within Aol.
Regards
ps
The wonderful touch, feel and community experience that these two companies share has always amazed me.
Especially now, with Aol's big move into e-commerce.