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

To: IceShark who wrote (37341)	1/28/1999 10:10:00 AM
From: SLN	Read Replies (3) \| Respond to of 164684

One other thing that is being overlooked. Tomorrow will be very telling. It will be the first opportunity insiders have to unload shares since 48 hours will have passed from the earnings report. I bet you Bezos unloads a lot more shares this quarter than he did last.

To: IceShark who wrote (37341)	1/28/1999 2:37:00 PM
From: Olu Emuleomo	Respond to of 164684

Headline: Amazon.com Increases Planned Size Of Convertible Bond Issue ====================================================================== NEW YORK -(Dow Jones)- Amazon.com Inc., an online bookseller, Thursday said its convertible bond deal has been increased in size to $800 million from an initially shopped amount of $500 million as it draws a lot of demand from investors. The notes carry a 10-year maturity. Amazon (AMZN) said the notes, convertible into common stock at a conversion price to be determined, will be sold to qualified institutional buyers in a private placement. An investor looking at the deal said terms on the Seattle-based internet retailing company's note issue seemed attractive. TThe volatility of the stock makes the deal attractive and the coupon is an added incentive," said an investor. "It's probably drawing in a lot of arbitragers who can profit from daily movements of stock," he added. The company said it will grant initial purchasers an unspecified option to purchase additional notes to cover over-allotments, if any. -Pallavi Gogoi, 201-938-2122 Pallavi.Gogoi@cor.DowJones.com Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved.