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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.25+0.6%1:26 PM EST

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To: Bill Harmond who wrote (19968)10/5/1998 12:55:00 AM
From: Jan Crawley  Read Replies (2) of 164684
 
William, I cannot stop thinking the following:

The 3 million Junglee/Plant. shares were registered to sale on Oct 2; and will be for sale for sure. If the 3 million shares decides to wait a few weeks, then the insiders sale will start shortly after November 1.

Then, the VCs may want to sell more shares in the next two months too! Then, the institution holders of Amzn(with low, low cost base) may want to sell whenever they can, as much as they can!

So much selling pressure, I guess the sell-side brokerage houses and analysts will have to work very very hard!

You thoughts?
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