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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.19+2.1%3:59 PM EST
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To: Bill Harmond who wrote (79466)10/3/1999 6:43:00 PM
From: Jan Crawley  Read Replies (1) of 164684
 
Hi Bill, welcome back. Now let's see, Re-Amzn:
Total outstanding-- 337M shares
Float-- 132M shares
Institutions ownership-- Apprx. 90M shares
short interests-- 35M shares(I think that a few Ms were covered last week)
Therefore retailers(non institutions) are holding 77M Amzn shares. (132-90+35=77)

At or above $80, I think Janus has started to unload some of it's 38M shares Amzn holding. Why would a growth fund want to own more than 10% of the outstanding(almost 30% of the float) shares of Amzn for an extended period of time?
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