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

To: Narotham Reddy who wrote (7465)	6/24/1998 5:52:00 PM
From: jawd	Respond to of 164684

What if it splits tomorrow.. Is there any SEC regulation that prevents from doing so ? I don't think they've declared a forthcoming split. But I can imagine the effect of a new 3 for 1 split.

To: Narotham Reddy who wrote (7465)	6/24/1998 5:53:00 PM
From: Paul Merriwether	Respond to of 164684

Natham Would be fun if they announce a split. Super big pop and all. No SEC regulation prevents them from splitting(to my knowledge) but I am sure Bezos and Co. will literally get lynched by a few grizzlies on this thread! ;) There would be so many cries of "manipulation", and Bateman will become a regular on this thread!!! Man, I am sooo glad that I covered my short after a 10% stop loss. I could have lost my shoyt on this baby if I hadn't swallowed that bitter pill! Another possibility is that yhoo might split. That would cause amzn to go up in sympathy(that too would be fun to watch!)

To: Narotham Reddy who wrote (7465)	6/24/1998 5:55:00 PM
From: Clark Wang	Read Replies (1) \| Respond to of 164684

No such regulation. The company can do 2-1, 3-1, or 4-1 unless the majority of shareholders is against it. The only persons (I can think of) will be against such proposal are probably Martians or Klingons.

To: Narotham Reddy who wrote (7465)	6/24/1998 9:24:00 PM
From: Jeff Mills	Read Replies (3) \| Respond to of 164684

You guys dont know much about splits, stock etc. Some people have said AMZN could split 2-for-1, 3-for-1, 4-for-1. Wrong! edgar-online.com On AMZNs Mar 98 10-Q filed mid-May it clearly states AMZN has 100 MM shares authorized. AMZN has ~ 48.3 MM shares outstaninding. It could split 2-for-1. It cant split 3 or 4 for-1 because it does not have the authorized shares to do so. However, it is easy to authorize more shares--and AMZN may have done so recently. From what I can tell though--they only have 100 MM shares to work with right now. If the company comes out and says they are authorizing more shares--then they are showing their cards and a split will probably follow.