Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Lizzie Tudor who wrote (73752)	8/14/1999 12:37:00 AM
From: Mark Fowler	Read Replies (2) of 164684

Michelle i like Brcd but they announced that its underwriters have agreed to unlock 2.3 mln shares more than 3 months ahead of the normal 180 day lock-up period. Because shares will not be unleashed until Wednesday, the news might be temporarily overlooked. This stock trades 146,000 shares on a normal day. It could go to this volume within 2-3 trading days. Think what 2,300,000 shares for sale might do to it's price? The float is approx. 3.3 mil. It'll be interesting to see how this will hold up. cbs.marketwatch.com

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