Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alomex who wrote (37487)	1/28/1999 6:47:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Alomex -- thanks.

To: Alomex who wrote (37487)	1/28/1999 11:38:00 PM
From: Yojimbo	Read Replies (1) \| Respond to of 164684

GST/Alomex - - Somebody mentioned the idea that buyers of the convert would then short the stock and sell calls -- does this make sense to you? [GST] They would do that once the stock goes above the convertion price. That way the "lock in" some of the profits. The higher it goes the higher the percentage they'll convert. [Alomex] yes, but i wouldn't also short the stock, one would do one or the other. e.g., from day one you could buy the convert and short the stock since the chance of ultimate conversion is very high! y