SI
SI
discoversearch

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: KeepItSimple who wrote (54498)5/1/1999 4:04:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
>> The easiest method to do this is to announce a 3:1 split next week, which is what will occur.

OK. That is a testable prediction. We only have to wait one week to see if it turns out.

But even without waiting a whole week, there is some contrary evidence. Dell's split has not helped it so far. NSOL is another contrary example. I think there are others in the net group, such as yhoo.

So to try to profit from this, you have to figure out where the split works, and where it does not.
------------------------------------

>> you can bet your last dollar that it will go above 234. I can't believe anyone here can even have the slightest doubt.

Are you buying amzn based on the excerpt from your post ? Or are you playing this from the sidelines ?



To: KeepItSimple who wrote (54498)5/1/1999 4:28:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

If Bezos gets 1 billion of relatively free cash when the price goes over $234, you can bet
your last dollar that it will go above 234.
I can't believe anyone here can even have the slightest doubt.


KIS,

I am not clear on this. The convertibles are a secondary that may be forced to convert if the stock stays above $234 for I believe twenty trading days. The only advantage to the company is the conversion can be forced before interest payments are made but the interest is a very low percentage. It appears that many bond holders are converting on their own volition since 8% had as of the end of Q1. All wee see here is share dilution and a stock price staying above $234 just speeds the dilution time up.

My question is why is it advantagious to AMZN to force the conversion if they could?

Glenn



To: KeepItSimple who wrote (54498)5/1/1999 7:22:00 PM
From: re3  Read Replies (2) | Respond to of 164684
 
I am posting from Canada...We had Bre-x...Did you ever buy a book on it...you can buy them from amazon.com

There will be no shiny bracelets...

Trust me on that.

Howard



To: KeepItSimple who wrote (54498)5/2/1999 10:43:00 AM
From: tonyt  Respond to of 164684
 
Forget about the SEC other investigations. The 'big' news last week was GS and other houses being investigated for price fixing on IPO fees because 'thay all charge the same' -- Wow! big news!!

This they have a problem with, however they see nothing wrong that almost every internet IPO in the last two years has been UNDERPRICED. Almost every one comes out at $14 - $18 and then starts trading at 3x to 4x the price that the undewriter set 12 hours prior!

The firms know that the $$$ in not in underwriting fees, its in flipping the stock for a 300% 1 day profit.