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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%Dec 19 3:59 PM EST

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To: Glenn D. Rudolph who wrote (12337)8/2/1998 7:38:00 PM
From: Jan Crawley  Read Replies (1) of 164684
 
Glenn,

From the "filed" institutional ownership, from the float, we do not see large percentage retail ownership. We also can see clearly that most of the institution holders have very low cost basis.

Amzn was $42 six weeks ago.

However, we are nicely boxed now; we will follow the elephants but we can dance a lot faster than the elephants.

:), Jan

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