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


To: BGR who wrote (60013)6/2/1999 3:27:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
yep! And this is consistent with my shorting record so I wear the badge with pride now. Actually yesterday I picked up some long dclk and was worried about it so I shorted rnwk as a kind of hedge. I didn't cover until it looked like I was going into the red. I think I'll short some more stuff soon though for real, I think there are more shorts than longs in the inets (just the junk though). Let me put it this way... if Dr.Koop.com is valued at more than say, 5 billion - its a short! <gg>



To: BGR who wrote (60013)6/2/1999 3:30:00 PM
From: Chung Lee  Read Replies (1) | Respond to of 164684
 
Hope AMZN close above 118 3/4 (last Friday's close), making Bearon's looking stupid over and over AGAIN.
AMZN rtq 112 5/8 +6 13/16



To: BGR who wrote (60013)6/2/1999 3:32:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
S&P affirms America Online <AOL.N> ratings
( PRESS RELEASE PROVIDED BY STANDARD & POOR'S )
NEW YORK, June 2 - Standard & Poor's today assigned its
preliminary double-'B'-plus/double-'B'-minus/single-'B'-plus
rating to America Online Inc.'s $4.5 billion universal shelf
registration.
In addition, Standard & Poor's also affirmed its
outstanding ratings on AOL. (See list below.)
The outlook is stable.
The ratings reflect the Dulles, Va.-based company's strong
position in the evolving Internet environment, which offsets
its currently robust financial profile.
The company has a substantial, growing recurring revenue
base from its on-line services, which at $3 billion is nearly
10 times larger than its nearest competitor.
AOL earns about 20% of its revenues from higher margin
nonsubscription revenue sources, including advertising and
electronic commerce.
Still, the company must deal with the challenges of
managing rapid growth and a broad array of strategic
initiatives in a rapidly changing, competitive Internet
services environment. Furthermore, AOL faces the prospect of
competition from cable television-based access, which could
weaken the company's market position if open access is not
granted.
The company must also integrate Netscape's
business-oriented operations.
Proceeds from the new filing plus $450 million unsold
securities from a previous shelf registration will be used for
general corporate purposes including working capital, capital
expenditures, acquisitions and the repayment of outstanding
debt.
OUTLOOK: STABLE
AOL's ratings are constrained by the challenges posed by
competing access technologies and a short record of consistent
operating performance in the dynamic and evolving Internet
access market.
The rating is supported by the recurring subscription
revenue stream and its leading market position, Standard &
Poor's said. -- CreditWire
OUTSTANDING RATINGS AFFIRMED
Rating
Corporate credit rating BB+
Subordinated debt BB-
Bank loan BB+

REUTERS
Rtr 11:47 06-02-99