Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.38

-0.8%

3:59 PM EST

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To: Robert Rose who wrote (85138)	11/24/1999 3:20:00 PM
From: Jan Crawley	Read Replies (2) of 164684

Robert, thx for the article. What do you think? I try not to "under-estimate" any segment of the Amzn players, long or short, for they are the market; the supply/demand line. Remember in Aug/Sep, while Amzn was trading under $45 for many days...we all discovered that Janus was filing to report a 10% stake(over 27M shares) of Amzn's outstanding shares...what was the shorts thinking? We were describing parts of the article a few months ago. Why can't they short high and cover low? However, it will be interesting to guess what % of the Amzn's short interest has became the "permanent" short due to all the hedgings from the bonds and others. Also, there were cross-the-board heavy short increases from 9/99 to 10/99...such as 55% for Yhoo, 70% for Nite, Double for Cmrc..Icge..Vert..etc..There are precisely, posititively correlated with the current run in those stocks. Again, what were those shorts thinking?

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