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: Bill Harmond who wrote (57439)5/19/1999 7:56:00 PM
From: X Y Zebra  Respond to of 164684
 
Cementhead is not name calling. It's an accurate criticism!! :)

HA HA HA HA HA....

I shall add the above to the accurate criticisms that sometimes I feel compelled to generously give to those who deserve it.

Thank you.



To: Bill Harmond who wrote (57439)5/19/1999 8:46:00 PM
From: Tae Spam Kim  Read Replies (2) | Respond to of 164684
 
This is getting kind of ridiculous. Amazon.com (AMZN) is trying to take advantage of the capital markets to raise up to $2 billion in cash through either junk bonds, equity, etc. With this money they can buy more companies, pursue other business developments, or even stay afloat with annual losses for a long time. If the company feels that some institution or investors would buy Amazon.com junk bonds or whatever, I guess they might as well go all the way for as much money as they can get.

Amazon.com filed to raise as much as $2 billion by selling debt, stock, or other securities. The Seattle-based online retailer of books and other goods listed no specific plans for the money being raised, aside from "general corporate purposes,'' in its S-3 registration statement filed with the Securities and Exchange Commission today. Amazon may decide the types and terms of the securities later. A shelf filing lets a company register securities in advance and sell them from time to time as needed. Amazon, which hasn't turned a profit yet, in January sold $1.25 billion of 10-year notes that yield 4.75 percent and can be converted into common stock at $156.05 per share. - News.com



To: Bill Harmond who wrote (57439)5/20/1999 7:52:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 

Cementhead is not name calling. It's an accurate criticism!! :)

Maybe but that $1.2 billion did not last long:-)))))

BEFORE THE BELL - Amazon.com AMZN.O eases
NEW YORK, May 20 (Reuters) - Shares in Amazon.com Inc.
slipped in pre-opening trade Thursday after the Internet
retailer said it plans to raise up to $2 billion for expansion.
Amazon.com fell to 137 on the Instinet electronic broker
system in overall quiet trade. The shares closed Wednesday at
139-9/16.
The company said Wednesday it plans to sell as much as $2
billion in securities in a fund-raising effort to pay for its
rapid expansion.

BEFORE THE BELL - Amazon.com AMZN.O eases =2
Among other active issues, Microsoft Corp. MSFT.O rose to
79-5/8 from a close of 79-5/16.
German media group Bertelsmann AG BTGGg.F said it was in
talks with Microsoft about buying part of Deutsche Telekom's
DTEG.F cable television network.



To: Bill Harmond who wrote (57439)5/20/1999 8:45:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Cementhead is not name calling. It's an accurate criticism!! :)

I can live with that but when AMZN folds, who will be the cementhead? :-)))))

Glenn