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

To: Michael Young who wrote (70837)	7/30/1999 2:20:00 PM
From: Jan Crawley	Respond to of 164684

Wasn't AMZN difficult to borrow at one time? It is easy to find plenty of shares to Hi Mike, my point was, and it was/is a very important point. I am sure by now "everybody" are fully aware of the mathematic calculations. But if not, here it is one more time: If you own 100 Amzn shares, and pretend that's the total Amzn float; If you loan the 100 shares out for shorting...then you own the 100 shares as well as a new buyer of the 100 shares...Which means you both own the same 100 shares and the 100 shares do not become a 200 shares stock certificate. Now, if you don't sell the 100 shares, the new owner does not sell the same 100 shares, but the shorter needs to cover his 100 shares..tell me what happens!? Therefore all of us should have this Float/short interest facts/knowledge! Geeez, maybe I was the last to know.

To: Michael Young who wrote (70837)	7/30/1999 4:30:00 PM
From: H James Morris	Read Replies (3) \| Respond to of 164684

>>Wasn't AMZN difficult to borrow at one time? << One year ago the ONLY short shares you could get was at small e-brokerage called Datek. The SEC investigated and then fined them. There's a term for what they did but I can't remember it. Ps Yes things have changed. I posted this many times before "As the float increases enough on any speculation stock the stock price will come down". I think the Amzn investors that paid a couple of hundred $bucks a share never quite got that.