Amazon.com, Inc. (AMZN) Message Board

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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Ted The Technician who wrote (96677)	3/16/2000 7:04:00 PM
From: Greater Fool	Read Replies (1) of 164684

>>Amazon.com is open I'm happy they were able to reopen and continue issuing money to their customers. >>Why is Amazon looking to increase its number of shares? New shares are authorized in order to become new shares outstanding. New shares become outstanding when they are issued. They are issued when: 1. Stock is used for an acquisition. 2. The stock is split (via a stock dividend). 3. More stock is sold. The first is strategically interesting. However, dot coms have not done well upon announcing acquisitions lately. The second is hard to understand when the stock is not particularly expensive on a per share basis. Perhaps Bezos is optimistic about the stock's future. The third is downright frightening.

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