Amazon.com, Inc. (AMZN) Message Board

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

AMZN 231.54

-1.2%

10:18 AM EST

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To: Rob S. who wrote (24781)	11/6/1998 4:10:00 PM
From: craig crawford	Read Replies (1) of 164684

>> The 2.7 million shares won't open up for selling, as I understand it, until NOV 12th. We may get some short covering toward the close << I'm not sure of the accuracy of your report, but I would construe that as bearish--not bullish. If the shares haven't been released yet, when they are there will be either: A) Increasing supply hitting the market -OR- B) In the days leading up to Nov 12th, fear of increasing supply hitting the market. Traders like to get out ahead of the selling. They don't necessarily wait until the shares are actually released into the market. At any rate AMZN was rather subdued today and held up fairly well...

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