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

To: yard_man who wrote (8169)	6/30/1998 3:41:00 PM
From: Father E.	Read Replies (3) \| Respond to of 164687

I do not think betting on a retailer makes any sense. Any established retailer could go on the net and already have the operating leverage to be more profitable. Think if Walmart went on the net. Everything is on place anyway. But for Amazon to go from net to 4 wall that is harder and more expensive

To: yard_man who wrote (8169)	6/30/1998 4:02:00 PM
From: IncredibleHult	Respond to of 164687

Short Interest Ideas: There are about 49 Million shares outstanding. Based on the the ownership information in the 14-A given by Amazon approximately 30-31 million shares are held by insiders & directors. Those shares are not included in the float. That leaves say 18 million shares. Institutions own about 13 million shares. About half of these are included in the float (shares actively traded) and that is just an estimation based on experience. That leaves about about 11.5 million in the float. Long term individuals hold at least about 2-3 million-those who hold for over a year and don't actively trade.. Those are not included in the float and that is a conservative estimate.. I would estimate that there are 8.5-9 million shares in the float. That is the only way this stock continues to go up. There are 8.7 million shorted shares right now. And the short interest ratio has hovered around 4 for the last couple of months. I think this stock is an avoid until there are more outstanding shares to be traded. However, there could be a snowball effect wherein everybody sells at once to protect profits. In that case the stock could drop 15-20 points in a heartbeat. Tough Call. I'm betting on the snowball because the shares outstanding is only going to get larger. The question is when.

To: yard_man who wrote (8169)	6/30/1998 4:03:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 164687

Check out the second tier internet stocks! I'm investing a lot of money on this small company! Let me know what you think! exchange2000.com Hank

To: yard_man who wrote (8169)	6/30/1998 4:08:00 PM
From: Oeconomicus	Read Replies (3) \| Respond to of 164687

Trick is really figuring out who is going to make money from the internet. Got to think ahead. It isn't any of these companies, but who? Security First Technologies (Nasdaq:SFNB) This (S1) is the Internet financial services software and data center services business that opened the very first Internet bank. The bank is being sold so that they can focus on software and services. Customers include Citibank, NationsBank, Wachovia, Principal Financial, Royal Bank of Canada, Huntington Bancshares, and many others. Gomez Advisors, in its ratings of online banking services, put six of their customers in the top ten. Citi is currently beta testing S1's brokerage software as well. They had an analyst meeting yesterday and should pick up more coverage as a result. Officials from Citi, Wachovia, Royal and Principal attended and shared their experiences and expectations. Wachovia, for example, indicated that they expect 50% of their accounts to become online banking customers within five years. To put that into perspective, if S1 were to service only 3% of its existing (bank) customers' accounts through its data center, revenues would amount to around $120 million per annum. It's also worth noting that several of their customers (Citi, KeyCorp, I forget who else) are partners in Integrion, previously thought to be the biggest threat to S1. Hey, it's not hype. You asked. Regards, Bob