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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: Danny who wrote (81607)	10/22/1999 6:38:00 PM
From: H James Morris	Read Replies (2) of 164684

<<This world is insane!!!!.<< Danny, I prefer to use "These investors are extremely optimistic". I've been on the go all day so I'll try to keep it short. As of yesterday and at the getgo this morning the MS institutional desk was requiring a 5:1 commitment! That means for every 5,10,15,20,etc block of allocation given, one had to commit to buying today 5x their shares in the open market. Did I see that someone paid 270? 7.475mil shares were issued, but only 4.9mil were traded. So how many shares were allocated to the float? Hmmm. I'll just take what little we got.:-) Ps Still got your Wcg? I still like it, but you be careful about shorting.;-) Have a good weekend, and as soon as Vert hits 70 I'll have WebVan send you a beer.

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