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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.91-0.8%3:59 PM EST

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To: Victor Lazlo who wrote (116002)1/23/2001 5:54:14 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
255 million IPO 144 shares come out of lockup on Corvis tomorrow, Mark.
ipolockup.com

If you can buy them all, all the power to you. I do not have that kind of a machisomo complex. I have a portfiolio to grow.



Victor,

I believe you have missed the point that employees and insiders of good firms do not sel all their stock just because they can due to a lock-up expiration. Most will hold their stock in a good firm. Clearly, the 255 million shares were not sold today. CORV went up today.

Glenn
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