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

To: Sabrejet who wrote (74529)8/18/1999 7:16:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Where was he when it was at 85???????

Hello? it's a smart call by Blodget. As far as Amzn is concerned, he sees:

1. 64M shares in the float
2. of which Janus owns more than 16M; (the total instituion ownership is about 70% of the 64M)
3. Short interest is over 15M.
4. He targeted $150 this time,(from $110-yesterday's closing) and giving a good/popular X'mas reason. It's only a $40 call(unlike the $400 price target in 11/98).



To: Sabrejet who wrote (74529)8/18/1999 7:18:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>Where was he when it was at 85???????

Buying shares and calls, as well as telling private ML clients to do the same, most likely.


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