Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark Fowler who wrote (4693)	5/26/1998 3:27:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

As I have posted before, I do not follow MF, because of who owns it. I did copy this from it, only because it confirms my earlier posts on Morgan Stanley's conflict of interest. <Private Equity, I saw your post on the Yahoo board re mutual funds that hold this stock. BLoomberg list 66 seperate institutional holders with 3.74 mio shares in total. Husic Capital Mgmt is the largest holder with 597,900 shares as of 12/97 and there are a bunch who only hold small positions (40 of them have 10,000 or fewer shares). The source for all of these are the respective 13F-Techs (I would love for someone to tell me what that is exactly, Fund Q reports?). 41 of these guys bought, 20 sold, and 5 had no change in their position over the period reported. As far as how stale this data is, about half were updated as of 12/97 and half as of 3/98. It is clear that this participation has played a big part in the success of this relatively thinly floated stock. My guess is that the accumulation of these institutions has eased considerably as the stock price approached loftier and loftier levels. The question is if you are a bear, what will trigger these holders to sell? Thay are obviously in at much lower levels and are happy with their purchases. I can understand why the accumulation would level off with the stock so high, but I don't see them dumping without a fundamental "trigger" pushing them to do so. Anyway just something to think about, any comments? P.S. some others listed Morgan Stanley & Co. 79,594 shares as of 12/97 Tudor Investment Corp. 191,320 as of 3/98 Fidelity Mgmt. & Research 85,000 as of 3/98 Smith Barney Shear Asset Mgmt 43,237 as of 12/97 DLJ Corp 250 as of 12/97 (No I'm not kidding)>