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

AMZN 231.69

+1.7%

Dec 10 3:59 PM EST

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To: Bill Harmond who wrote (73939)	8/16/1999 3:00:00 AM
From: H James Morris	Read Replies (1) of 164684

>>The float is the count of trading inventory. << William, who decides what the the trading inventory will be? The under-writer or the company? Or both? Is it based on what supply and demand might be? I'm serious! I don't know. I saw on Cnbc last week the Ceo of Hlth, he was being grilled about his company losses, and Mark Haines really got into the coming increase in his float. I do know this by now, that those who own most of the seats in a stadium, get to influence the ticket price IF it appears the concert might be sold out. Now the only risk I have is what happens if no one wants to buy the remaining seats? Morgan Stanley's retail division should take care of this concern. Don't you think?

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