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

To: IMPRISTlNE who wrote (12289)	8/2/1998 2:51:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

"e-tailing" <====> Amazon.com let others worry about e-tailing, focusing our eyes on the float and the elephants Facts finding: 1. Elephant group one - The original institutions owned/owns almost all the current approx. 10M plus float; with <$20 cost basis. They have loaned most of the shares for the hedge funds to short, and subsequently sold 1/3 of their shares in the past 3 to 6 months to Vinik & etc... 2. Elephant group Two -- Vinick & etc..holding 1/3 of the float and systematically shorting all their shares; squezing/trading accordingly. 3. Elephant group Three -- hedge funds that have been shorting/being squezed/speculating at the same time; They are partially boxed; and are currently holding approx. 2/3 of the short interests. 4. Small elephants -- Day traders, Mo players, options writers/speculators... 5. Small investors/shorts/options speculator. They are all trying to stay as long as they can, but they can all "drop dead" fast too... I welcome all issue-oriented comments.