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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (19295)	8/11/1999
From: AlienTech	Read Replies (1) of 43080

About fund accumulating cheap internet shares... Janus reveals 10.1% Amazon stake SEC filing indicates no extraordinary plans DENVER (CBS.MW) -- Mutual fund giant Janus Capital Corp. revealed Tuesday that it has a 10.1 percent stake worth $1.5 billion in online bookseller Amazon.com. Today on CBS MarketWatch Markets close down, but cut losses Cisco beats estimates by a penny Filing shows Janus owns 10% of Amazon.com Ameritrade buy may be peek at the future Thom Calandra: Web site has instant appeal More top stories... CBS MarketWatch Columns Updated: 8/10/99 5:49:54 PM ET Janus disclosed the holding in a 13-G filing with the Securities and Exchange Commission. >>> cbs.marketwatch.com AH ITS GOOD TO KNOW I WASNT DREAMING! ALL THE MAJOR NETS HAD MAJOR ACCUMULATIONS ALL THE WAY DOWN. We will see in a month what their plans are. But I bet we double on most of them from here prob before end of the year. They take your money on the way down and on the way up. So at least 6% was accumulated since April! The filing provided no details pinpointing when or at what price the shares were accumulated. Still, an April statement from Amazon.com listed no 5 percent or greater holding by Janus.

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