Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.50

+2.6%

3:14 PM EST

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To: Rob S. who wrote (10641)	7/16/1998 7:06:00 PM
From: Jan Crawley	Read Replies (2) of 164684

Rob, As your post correctly stated, Amzn's last quarter(3 months) revenue is $87 Million. Here is the corresponding insider sells (half of the total revenue, which generated big losses, are already off the table. Money gone! biz.yahoo.com Jul 6, B&T sold 250K shares @137 = $33.5 million Jul 1, B&T sold 100K shares @109 = $10.7 million Jun 10, F&F sold 20K shares @55 = $1.1 million Total other insider sales(6 mons)= $21.5 million Total insider selling for past 6 months = $66.758 Million I believe that the B&T sells caused the reversal on July 7. MO players and short-term options players are in Amzn(as well as other I-stocks) for quick profits...they will not be interested to buy from the real sellers. Let's watch the Float. It would be nice that if 90% of the outstanding shares/as well as float are still in the sellers hands(a bit of wishful thinking in my part). To sell: 2 Million shares @ 113 = need $226 Million from the buyer 5 Million shares @ 113 = need $565 Million from the buyer How much money do they need from the buyers of those shares at much higher prices ($150, $160...$200, or whatever) What's Amzn's outstanding shares...We will be very interested to see how many of them are planing to sell how many shares? Thin float works wonder both ways. We will keep our eyes on the F/A analysis as always. But we will keep our eyes fixed on the "Float/sellers/mo options players" on a daily basis.

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