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

To: Glenn D. Rudolph who wrote (37504)	1/28/1999 11:47:00 PM
From: Yojimbo	Respond to of 164684

Glenn - Therefore, if you were long which would you rather own: AMZN or AMZN w/a 4.75% "dividend." This is where I am confused. How does AMZN pay the dividend? hope my post just prior to this helped explain, but since there's ZERO chance scamazon will call the note out, they'll probably get converted. thus, it's almost the same as owning the equity BUT you get the 4.75% interest AND you're senior in liquidation preference (which, as we know, may come in handy). y