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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%Dec 19 3:59 PM EST
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To: Michael Young who wrote (71612)8/3/1999 5:37:00 PM
From: Jan Crawley  Read Replies (1) of 164684
 
Especially when much of the shorts are hedged?

I got your point on this, as a matter of fact, most people here were playing with the e-run a little during July and most everyone thought that the Amzn float/short interest ratio is much less relevant compare with Jan99; and most people thought that the nets(Amzn) will have a very bad summer.

However, if those bondholders were shorting far above $156 in Mar/Apr/May; then they are taking $$ now, and if not, why not? They either have exercised their conversion right or they may play both ends?
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