Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: H James Morris who wrote (78888)	9/29/1999 9:25:00 AM
From: Jan Crawley	Read Replies (2) of 164684

Jan, how did you come up with the float of 131m shares? James, from the Yhoo site. So, 131 x 70% = 91.7 mil + 35mil short shares = 126.7 locked in. That's only under 5mil shares , which is less than 4% left for the day traders I am sure there is some hedging by some institutions and there is the bond-holders shorts. So I think that it's much higher than the 4%. Based on the above, that's "why" I think that Amzn has the $50 support and $90 possibility in the next few months.

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