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

To: H James Morris who wrote (38731)	2/8/1999 2:52:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 164687

True, but it does take a lot of the wind out of the sails of the "better than expected" bond sale. Bond buyers probably tend to be more sophisticated and deeper-pocketed than the average AMZN stock buyer, and a rich and sophisticated invester is going to be annoyed to have gotten the shaft. The negative aura is going to persist unless the yield on those $1.5 billion worth of bonds goes back to positive territory. I would imagine that Morgan-Stanley reps are getting some irate phone calls about now from those bond buyers.