Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 228.48

+0.5%

3:17 PM EST

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To: Jan Crawley who wrote (71607)	8/3/1999 5:11:00 PM
From: Michael Young	Read Replies (1) of 164684

<<. Amzn has the highest short interests ratio among the big nets currently.>> That means little. Much of the short interest is due to the hedging from the convertible bondholders. I agree there was some short covering when the stock failed to crack 89. Just like late last week when the stock rallied to 105 after holding 100 several times. Of course that bounce was short lived. MIKE

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