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

To: H. Lee Grove Jr. who wrote (10770)	7/18/1998 4:28:00 PM
From: Jan Crawley	Read Replies (3) \| Respond to of 164684

James said, "Those who control the float, control the stock price. Lee, the above is on my mind too. I also request the thread to "temporarily" focus our discussions in this area. F/A analysis, at this point, is less relevant, and may create an unintended by-product; To ignore the real weakness/dangers/ vulnerability for amzn's stock prices. Per the MS article: Total shares outstanding : 48.3 million Less, Bezos's - 41% ownership : 19.8 million Less, Insiders & VC firms 12% : 5.79 million Less, Bezos Mom & Dad, 6.5% : 3.14 million Less, Other insiders, 3.5% : 1.7 million Total available float : 37% = 17.9 million shares Less institutions 10% owner = 1.8 million Total available float for trading - 16 million shares Total short interests - Was 9 million shares, how many shares now? Total boxed shorts - float controled by shorts, how many shares? Insiders control >60%; real sellers #1 Hedge funds such as Vinick, other traders; 20%?? real sellers #2. To sell/dump just 5 million shares: 5 M @ $120 per shares = $600 million dollars 5 M @ $130 per shares = $750 million dollars We have seen the first insider seller two weeks ago for 350,000 shares; by B&T, which I believe, was the major reason for the reversal. Let's wait for the sellers, it is difficult for them too; to watch the price drop or to be comforted by paper profits.