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

To: Michael Young who wrote (71612)	8/3/1999 5:23:00 PM
From: Jan Crawley	Respond to of 164684

Are you telling this thread that a cover ratio of two days is significant? I am not telling this thread anything, I am saying what I think. We have no idea how many "real shares" changing hands daily in Amzn; daily trading volume does not suggest much regarding to the short cover ratio IMHO.

To: Michael Young who wrote (71612)	8/3/1999 5:37:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Especially when much of the shorts are hedged? I got your point on this, as a matter of fact, most people here were playing with the e-run a little during July and most everyone thought that the Amzn float/short interest ratio is much less relevant compare with Jan99; and most people thought that the nets(Amzn) will have a very bad summer. However, if those bondholders were shorting far above $156 in Mar/Apr/May; then they are taking $$ now, and if not, why not? They either have exercised their conversion right or they may play both ends?