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

To: Eric Wells who wrote (73055)	8/10/1999 8:12:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

apparently it is 10% of the outstanding shares - per the article, Janus owns 16,526,204 shares). If that's the case, then I would say this is a favoable case for Amzn: Let's see: Current outstanding; 161M shares, insiders own 61%=98M shares. Approx. 63M shares in the float. Accordingly, Amzn's institutions ownership was 40M shares which was 60% of the float-- Now, Janus owns 16.5M shares, which means institutions are owning more than 70% of the float again. With high short interests; that's not good for shorting! p.s. If both outstanding and float were enlarged by partial bond-coversion shares, then that's good for Amzn too.

To: Eric Wells who wrote (73055)	8/10/1999 8:15:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

It's surprising that the nets should rally today on the revelation of the 10% stake that Janus has in Amazon (apparently it is 10% of the outstanding shares - per the article, Janus owns 16,526,204 shares). That is a lot of risk based on one company. Glenn