Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 229.60

+1.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Doug Robinson who wrote (47659)	3/28/1999 12:01:00 PM
From: Jan Crawley	Read Replies (1) of 164684

Ok, it's wonderful that we are having so many good/detailed trading eyes...May I add that: Amzn's total outstanding shares is 150M Mr. B and family owns 52%...150M @52% = 78M (I think that is why he is well "like" by the other large Amzn owners) Institutions ownership is 37% to 38%, that's 57M shares. Now the remaining 10 or 11 percents are in the small/retail categories. That's about 15M to 18M shares. The short interest is close to the 15M range. Together with e-day-traders, the stock will be a trading stock for a long while(IMHO). In bad days/hours, when day-traders stay away and the big guys are trying to sell some shares, the stock will drop. In good days/hours...day-traders pile on and shorts cover, the stock will..... Eventually, some time in the future, the 90% shares owned by Mr. B and the institutions will either be with them forever if no one wants Amzn, or go up if other people want them....I hate to say this, but I don't know and don't care.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next