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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: H James Morris who wrote (87518)	12/15/1999 9:30:00 AM
From: Jan Crawley	Read Replies (1) of 164684

I don't think Pcln can sustain a 8-9bil market cap much longer. But! I could be wrong. Pcln has 147M outstanding shares therefore the impressive market cap. BUT, the current float is around 19M shares which consists of (a)the Ipo of 10M shares and (b)Delta's 8+M and other insiders. We have a interesting combination here: with a 19M current float, very heavy institutional ownership, and a very high short interest #.

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