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

To: Glenn D. Rudolph who wrote (88558)	12/26/1999 12:00:00 PM
From: H James Morris	Respond to of 164685

>Other publicly traded companies with ties to Amazon haven't enjoyed much of a coattails effect. Although Drugstore.com's relationship to Amazon seemed to boost its IPO in July, the company has not been able to sustain investor enthusiasm. After more than doubling its $18 offering price on its first day of trading and surging to a high of 70 soon thereafter, the online pharmacy's stock has fallen in recent months. Drugstore.com shares closed at 39.375 yesterday, up 0.625 points. Amazon owns about 27 percent of the online pharmacist. Glenn, I noticed the other day that Dscm has leased for 10 years about 200k of prime office space in downtown Seattle. I've made excellent profits on this stock. The last time I loaded up again was in the high 20's, and dumped it in the mid 40's. It appears that when it gets down to that bottom range, there are no sellers. I like the thin float. I like that there have been no inside sellers. And with short interest now at 1.5mil shares, I'll consider it a screaming buy if and when it gets back down in the 20's. I currently have no position in Dscm. Ps I also like the fact that its another Kleiner child. If you like Kleiner children too? Check out Qdel.