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


To: Jan Crawley who wrote (69355)7/24/1999 3:55:00 PM
From: 10K a day  Read Replies (1) | Respond to of 164684
 
Hi Jan.
I totally agree with you....
If 'They' want to totally sack this dude,,
They could....

i.e....If it is really going to be Huge....
With the amount of bonds issued and authorized.
I think this one is totally at their mercy....



To: Jan Crawley who wrote (69355)7/24/1999 4:05:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Institutional Ownership
% Shares Owned 25.14
# of Institutions 372
Total Shares Held (Mil) 40.616
3 Mo. Net Purchases (Mil) -17.891
3 Mo. Shares Purchased (Mil) 20.997
3 Mo. Shares Sold (Mil) 38.888

Let's be careful a little, the big guys have been taking some $$ off the table. Amzn's total
outstanding is 161.5M shares, ONLY 25% of the total are owned by the institutions as of
the above reporting date.


Jan,

One could look at this differently. The street has stated that the nets will be weak during the summer months. Therfore, we are looking at what insitutions did to prepare for the weak summer months. They may now be starting to put more money back on the table. I am not stating this is the case but this could be the cause of the reduction in fund ownership during that time frame.

Glenn