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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.69+0.1%Nov 19 3:59 PM EST

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To: H James Morris who wrote (16186)9/5/1998 1:43:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Glen<. BAKER & TAYLOR >
Is this another 250,000 to be sold by the 'Things' publisher???


James,

Yes! They do this each month starting three months ago. The also became a holder of 5 million shares of AMZN three months ago. I suspect that 5 million shares that were earmarked for acquisitions were givien to Baker and Taylor to pay for the books each month. AMZN acquired inventory by using stock and made Baker and Taylor feel more confident about issuing credit. That is what I suspect.

Glenn
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