Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Bill Harmond who wrote (33008)	1/6/1999 2:42:00 PM
From: Jan Crawley	Read Replies (1) of 164684

I figured that the Christmas excitement had taken Amazon ahead, and felt more comfortable with Yahoo. Amazon has been about to break away from that pattern, though. I think that there is a lot more "miserable buying" in Amzn than Yhoo: Yhoo's insiders and Soft bank together owns 58% of the outstanding shares, the rest of the outstanding shares are pretty much in Yhoo's current float. With Float at 50M and short interest at 6M, Yhoo has more genuine support/accumulation than Amzn. Too many naked calls and puts were placed on Amzn during the past month, cuz that was the most available short vehicles for many.

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