Amazon.com, Inc. (AMZN) Message Board

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

AMZN 221.24

-0.6%

Dec 17 3:59 PM EST

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To: Mark Fowler who wrote (19169)	9/30/1998 10:23:00 AM
From: Jan Crawley	Read Replies (2) of 164684

Well, as Craig said, there may be some "month-end window dressing" support and some Yhoo support for Amzn today. But I think it will be minimum. Sellers are there to sell whenever "day traders" bouncing the price up. The sellers are nervous, the day traders are nervous, and I think the so-called small retail buyers are mostly small retail traders too. The bottom line for me is straight forward, there is only 13 million real shares sold into the market, that's only 15% to 20% of the currently available "real shares" to be sold into the market. In addition to the above, most of the original IPO shares holders(with low low cost averages) have not taken their profits yet! The MSDW of the world need buyers, that's why they are always bullish! JMHO

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