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

To: Eric Wells who wrote (69676)	7/26/1999 1:27:00 PM
From: Bilow	Read Replies (2) \| Respond to of 164684

Hi Eric Wells; Since I'm carrying a very small number of AMZN shares short, (and intend on holding until the stock reaches single digits,) I though I'd look at the short interest. I was shocked to discover that AMZN has fewer shares short now than a year ago, in fact, nearly half as many: 06/99 13,532,067 05/99 11,335,140 04/99 12,482,064 03/99 12,687,450 02/99 12,541,013 01/99 16,263,193 12/98 20,738,016 11/98 22,206,714 10/98 22,108,764 09/98 22,433,622 08/98 22,179,459 07/98 21,947,724 Nasdaq short interest link: viwes.com The total number of shares is 161MM, of which 63MM are in the float, according to Yahoo. Anyway, I wouldn't worry too much about your AMZN short. But do avoid overtrading - i.e. the taking of positions larger than you can financially back up. The long time traders say no more than 2% of your nut should be at risk in any one trade. Given AMZN's ability to move, say $10 over night, this means that a typical $100,000 account shouldn't short (or long) more than about 200 shares of AMZN for holding over night. -- Carl