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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (69207)	7/23/1999 2:20:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

Bought some AMZN at 108

To: Jan Crawley who wrote (69207)	7/23/1999 2:42:00 PM
From: Money Maker (MM)	Respond to of 164684

FYI, Amzn's float was around 12M and short interest was around 8M during the 12/98-1/99 period. January 5, 1999 was the first day AMZN was traded ex-stock dividend. It means O/S on January 5, 1999 should be as much as O/S now. Here is the historical price of AMZN on January 5-8, 1999. January 5, 1999. O: $109 9/16 H: $129 3/4 L: $106 1/2 C: $124 1/2 Vol: 31,429,700 January 6, 1999 O: $137 H: $140 3/8 L: $134 C: $138 V: 18,088,300 January 7, 1999 O: $137 1/8 H: $160 1/4 L: $133 C: $158 7/8 V: 23,637,200 January 8, 1999 O: $184 5/16 H: $199 1/8 L: $152 C: $160 1/4 V: 33,329,800 Oh boy, do I have to correct my last word because based on historical price, AMZN was up from $106 1/2 to $199 1/8 only in four days with O/S as much as now.....:) This is what I call "the power of Amazon.com" So, better be careful with our money. Anyway, I talked about TA (H&S) with Olu. I just asked if consistent with long term H&S, we should see AMZN test back to $190-200 to build RS (Right Shoulder). Otherwise, better not to talk about long term H&S. I think I and Olu just shared our perspective about H&S on AMZN, right Olu?...:) MM