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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 243.02-0.7%3:59 PM EST

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To: 16yearcycle who wrote (22674)10/22/1998 6:51:00 PM
From: Bill Harmond  Read Replies (1) of 164685
 
>>INKT's report/news

The numbers look great compared to expectations, and on first glance they reflect an acceleration in revenues for both search and network apps, which is teriffic. However, the added supply of shares (both the early release and the secondary) nearly triples the float, so I think the stock trades down until the offering comes in November.

Based on the numbers I saw this afternoon I am very happy.
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