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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.26-0.5%2:24 PM EST

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To: H James Morris who wrote (3941)5/5/1998 1:05:00 AM
From: Gary Korn  Read Replies (2) of 164684
 
Following is the 200,000 share trade as it occurred today.
Can anyone tell if it was a purchase from a MM or a sale
to a MM?

For two reasons, it looks to me like it might have been a sale
to an MM:

1. An intraday chart shows the stock trading at 95 1/4 for a
period of time before the big block at 95 1/8.

2. After the 200K trade at 2:24, there is a slight slope down
until 3:51 p.m. when the stock traded at 94 1/4. (For the last 9
minutes of the day, end of day short covering boosted the stock
back up above 95.) The slight decline may indicate that the
shares were being worked off, or may be indicative of the general market
which weakened late in the day.

AMZN - Transaction Log
2:28:23 S 1000 95.1
2:28:22 S 95:1 - 95.2 6x10
2:27:50 S 1000 95:3
2:27:50 S 1000 95.1
2:27:49 S 1000 95.1
2:25:57 S200000 95.1
2:25:25 S 400 95.1
2:24:42 S 100 95.2
2:24:01 S 95.1 - 95.2 10x10
2:24:01 S 100 95:3
2:24:01 S 100 95:3
2:23:32 S 500 95.2
2:23:28 S 95.1 - 95:3 10x1
2:23:27 S 500 95.2
2:23:26 S 100 95:3
2:23:25 S 200 95:3
2:23:25 S 500 95:3
2:23:25 S 100 95:3
2:23:24 S 200 95:3
2:23:24 S 95.1 - 95.2 10x10
2:23:23 S 500 95:3
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