Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.28

+1.4%

1:05 PM EST

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To: H James Morris who wrote (60711)	6/5/1999 7:37:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

>> Looking at Amazon's 10-K disclosure, the company is a prolific issuer of employee options. Last year, net of cancellations, the company paid options on 16 million shares to employees. Based on the 161 million outstanding shares at the end of February, the company agreed to sell employees a 10% stake for only $400 million. << This should be verifiable from the tot shares and float. According to this article there should be 1.5 M shares added per month. At the time of the 3/1 split in January, there were 150 m shares. Now it is 162 m. With the converts it should soon be 170 m. All the additional shares should go to the float. Jan, please get your calculator.

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