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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (3773)	3/22/2001 1:21:16 PM
From: Chris	Read Replies (1) \| Respond to of 52237

the for naz today hit my 5 yr trendline.

To: JRI who wrote (3773)	3/22/2001 1:41:57 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 52237

"too many have too much at stake" for AMZN to fall below 10....did't pursue" Here is my view: 61% of Amzn's outstanding shares are still in the insiders hands(Bezos..etc..) and 39% of the outstanding is it's float. Institutions hold more than 97% of the float. Amzn's float is approx. 140M shares; short interest is over 45m shares...at $10; no hedge funds are interested in shorting. Why should any retailers take the short risk now? Let them fight each other; and hopefully that we maybe able to make a few$$ along the way.