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To: Alexander Pavlov who wrote (5729)	6/12/1998 7:41:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 164684

market cap = number of shares outstanding (float and non float) * share price. the increase was more than $500 million. you may be thinking of something else when you multiply the float times the share price change to but it isn't the change in market cap. good luck...

To: Alexander Pavlov who wrote (5729)	6/12/1998 11:07:00 AM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

Alex, I don't have a clue what you are talking about re the 67.5 mil. Of course the market only prices on the margin, but market value is what was being discussed, not the value of the float or Bezos net worth. Actually, if you want to talk about the money changing hands during this squeeze, the float, the market value and Bezos' net worth are all irrelevant. Take the volume, back out Nasdaq double counting (at least), and multiply by the avg price during the period. Around 13 mil shares traded in 3 days, so take half that or 6.5 mil and multiply by... oh, let's say $58, and you get $377 mil of trading volume. Of course, much of that was the same shares changing hands several times during the day among the same people - that is market makers, day traders, SOES bandits, etc. Bob