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

To: Jan Crawley who wrote (10648)	7/16/1998 7:29:00 PM
From: BayPig	Respond to of 164684

Jan: Nice Post. I seem to remember that there was a huge amount of vested stock option shares that could potentially be sold in the upcoming open window. My memory was about 7 million before the split, so about 14 million now. Don't know what restrictions might be on these shares, but there is the potential for a HUGE amount of inside selling after earnings are announced. DancesWithFedCalls did a great post on this several months ago on the Yahoo AMZN board. Dances, do you still have your analysis? BayPig

To: Jan Crawley who wrote (10648)	7/16/1998 7:37:00 PM
From: BayPig	Read Replies (1) \| Respond to of 164684

Excite down 1 5/8 after hours to 90. Interesting earnings announcement in that they used post split numbers (-.10/share) which had many longs thinking they beat the street by .26/share instead of the actual .08/share. With charges, Excite loses a whopping $1.72/share (post-split off course). That would have been $3.44/share loss without the split! These supposed one-time charges are again raising some accounting issues. It will be interesting to see how the general market responds to Excite putting in $75.6 MILLION dollars in "one-time" charges (over 2 1/2 times their REVENUES for the quarter!). BayPig