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: Yojimbo who wrote (37589)	1/29/1999 1:10:00 AM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Thanks!! I missed the afternoon and just got on-line, am going to catch up with all the news.

To: Yojimbo who wrote (37589)	1/29/1999 1:24:00 AM
From: Rob S.	Respond to of 164684

I haven't seen this late press release posted (I'm sure its burried here somewhere: <SEATTLE, Jan. 28 /PRNewswire/ -- Amazon.com, Inc. (Nasdaq: AMZN) today announced that it has increased the size of its private offering of Convertible Subordinated Notes (the "Notes") from $500 million to approximately $1.25 billion aggregate principal amount of 4.75% Convertible Subordinated due 2009. The Notes will be convertible into the Company's common stock, at the option of the holder, at a conversion price of $156.05 per share, representing a conversion premium of 27% over today's closing price. The Company has granted the initial purchasers an option to purchase additional notes to cover over-allotments, if any. The Notes have been sold to qualified institutional buyers and to certain institutional accredited investors in a private placement under Rule 144A and Regulation D under the Securities Act of 1933, as amended (the "Securities Act"). This news release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes. This news release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. Neither the Notes nor the common stock issuable upon conversion have been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: amazon.com. Telephone: 206-622-2335.>