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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo Cobb who wrote (654)4/23/1999 6:48:00 PM
From: Kenya AA  Read Replies (1) | Respond to of 12662
 
I guess you do need a K in the Klub, right ????????

Noooooo! YOU and the Chairman need a K in the Klub.

I ACCEPT!

K the K

BTW, my boots do not have pointy toes nor are they steel-tipped - I get 'em with the 4-inch heels, though!



To: Jimbo Cobb who wrote (654)4/24/1999 5:51:00 PM
From: Mao II  Read Replies (1) | Respond to of 12662
 
Mr. J: Found an interesting answer to that AMZN convertible issue in the current Barron's. Amazon can call the bonds if its shares close above $234.08 for 20 out of 30 consecutive days (now at 210 n change after Friday's 20 point pop). An investor with a $1000 bond can then take the moolah or convert for 6.408 shares. (That means the 1000 would be worth 1500 in stock.) If the bonds are called before the first coupon is due in July, investors rake in another $212.60 per bond. That's not a bad gain -- 70 or so percent on the bond.
Looks like a dilution scenario 2-me -- 8 million new shares worth.
M2