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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%3:59 PM EST

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To: Rob S. who wrote (57761)5/21/1999 12:59:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
Rob,

>> Amazon is nearly ready to play the end game of the stock float gambit. They have
registered to sell up to $2 billion in new equity offerings. I think they will try to split the
stock at the time of the offering and will probably wait until the 4th quarter when the
Christmas season helps out the stock price. That will be the culmination of Bezos' "window
of opportunity" for Amazon, IMO.
<<

I think you have figured it out pretty well. Now how come the smarter ones amongst the longs don't ? Just one hitch. I don't think it will see the new high needed for a split and the mania for the secondary. And I truly do not think there are enough morons with money to lend below treasury rates.
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