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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: Jan Crawley who wrote (74530)8/18/1999 8:16:00 PM
From: Sabrejet  Read Replies (2) of 164684
 
Float don't mean crap Jan. That's one of the weakest arguments on the net.

Do some research on short interest stocks. What you'll find is an awakening. Stocks that have a large short interest have that for a reason. Those stocks also eventually succumb. That's fact.

To hell with Janus. If I owned 1/4 of the outstanding shares in AMZN, (1), I wouldn't be adding to my position, (2) if I didn't sell this at or near those all time highs, based on fundamentals alone, I would fire the manager for not doing so.

I don't give a darn about a target price. I've been at this long enough that he could have said 300 and that don't mean a thing.

BTW, who was selling all those shares from the 250 range down to 85???
Let me guess, the uniformed non-institutional investor! You need to check the turnover rate of institutional ownership. I bet it's off the charts!!

I got it now!

Sabre!
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