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


To: jach who wrote (37699)1/30/1999 5:24:00 AM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 164684
 
Looks like the mkt wasn't too impressed with the convertible bond offering by Amazon.com.

Has Roger Babb commented on this? He's the convertible bond guru.

[edit]: ah yes, looks like he's made some preliminary comments:

Message 7539057

Message 7544098




To: jach who wrote (37699)1/30/1999 1:47:00 PM
From: jach  Read Replies (1) | Respond to of 164684
 
FORD buys Volvo for 6+B$. YHOO buys GeoCities for about 4B$. Volvo with many B$ revenue and hundreds of millions of profits. Geo with a few hundred millions revenue and no profits. Interesting comparison. And AMZN is worth 3 times more than Volvo.