Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

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)

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eric Wells who wrote (73055)	8/10/1999 8:12:00 PM
From: Jan Crawley	Read Replies (2) of 164684

apparently it is 10% of the outstanding shares - per the article, Janus owns 16,526,204 shares). If that's the case, then I would say this is a favoable case for Amzn: Let's see: Current outstanding; 161M shares, insiders own 61%=98M shares. Approx. 63M shares in the float. Accordingly, Amzn's institutions ownership was 40M shares which was 60% of the float-- Now, Janus owns 16.5M shares, which means institutions are owning more than 70% of the float again. With high short interests; that's not good for shorting! p.s. If both outstanding and float were enlarged by partial bond-coversion shares, then that's good for Amzn too.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next