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

To: cellhigh who wrote (579)	10/28/1997 4:05:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 164684

Thrilled to be short....sold the hell out of it up to and including 60 bucks....if you think a one day decline of 550 points combined with an early close of the market can be put behind you so easily, you must be nuts.....there is a serious fundamental break in the market and there will be hell to pay in the upcoming days........AMZN will find its way to 30., probably by January, IMHO....... P.S. Everyone thinks Greenspan will say something tommorrow to help the market! Thats crazy! He has been talking it down for 6 months now. He will say NOTHING to help the market, and will restate his old position that the market is overvalued..... Volitility combined with high volume is indicative of a market top.... Not just one day but many. This is what we have had for 2-3 months now...since WWII, SP 500 P/E has traded between 10-20 or so...valuation is now 22.....this market is going to erode down for a long time to come, probably 2-3 thousand points......and AMZN will be leading the way...........just one mans opinion, best of luck......;^)

To: cellhigh who wrote (579)	10/28/1997 7:02:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 164684

Below I copied the DILUTION section of the SEC filing from May 14th that clearly states 19.3 million AMZN shares come out of lockup on Nov. 13 th: SHARES ELIGIBLE FOR FUTURE SALE. Sales of substantial amounts of the Company's Common Stock in the public market after this offering could adversely affect prevailing market prices for the Common Stock. The 3,000,000 shares of Common Stock offered hereby will be freely tradeable without restriction in the public market. Taking into account restrictions imposed by the Securities Act of 1933, as amended (the "Securities Act"), rules promulgated by the Securities and Exchange Commission (the "Commission") thereunder, the Company's contractual right to repurchase shares and lock-up agreements between certain stockholders and the Company or Deutsche Morgan Grenfell Inc., the number of additional shares that will be available for sale in the public market, subject in some cases to the volume and other restrictions of Rule 144 under the Securities Act, will be as follows: approximately 31,793 additional shares will be eligible for sale beginning 91 days after the date of this Prospectus and approximately 19,331,253 additional shares will be eligible for sale beginning 181 days after the date of this Prospectus. Approximately 681,300 remaining shares will be eligible for sale pursuant to Rule 144 upon the expiration of one-year holding periods or the expiration of the Company's contractual right to repurchase the shares between November 1997 and May 1998. Deutsche Morgan Grenfell Inc. may, in its sole discretion and at any time without notice, release all or any portion of the shares subject to such lock-up agreements. Upon the closing of this offering, holders of 13,286,376 shares of Common Stock are entitled to certain rights with respect to the registration of such shares under the Securities Act. The filing can be found on "Free Edgar" at freeedgar.com the excerpt is from page 12...........good luck....;^)