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

To: Bill Harmond who wrote (13643)	8/15/1998 9:17:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

William, Would you comment on the following... Amzn short interests swarm.glamus.de Pricing history for Aman tradepbs.com From the above Info, we can clearly identify that Amzn's short squeeze started on 6/8 @$43 and was halted on 7/7 @$143. Short interests was 8.7 million shares when it started on 6/8, reduced to 7.3 million shares shortly before 7/7, and supposedly stands at 4.5 million shares currently per Friday's posting. Now that we have learned that shorting affect the number of shares "sold" on a one-to-one base; therefore, the Fact is that at the time of the 6/8 squeeze; 10 million Amzn shares(since IPO) were sold as 18 million shares: 10 million shares(certificated) + 8.7 million shares shorted/sold to new buyers Therefore, the big squeeze. Questions to you, with so many potential sellers, diminishing shorts as forced real buyers, where/who is the future buyer. How would the above affect your TA analysis/reading... Thanks

To: Bill Harmond who wrote (13643)	8/15/1998 9:30:00 PM
From: Wayners	Read Replies (1) \| Respond to of 164684

I have no position in AMZN and never have had a position in AMZN long or short. My views are 100% unbiased and technically based. Weekly close is irrelevent IMO.

To: Bill Harmond who wrote (13643)	8/15/1998 9:47:00 PM
From: llamaphlegm	Read Replies (1) \| Respond to of 164684

William: You wrote <<<As long as a stock is outperforming the S&P 500 there is no motivation for institutions to sell it, unless some catalyst comes along to change fundamental perceptions. >>> Um, have you been reading the 10Q postings, noticed the news of LCOS, XCIT, et al the past few weeks, seen the business wire release on Bertelsmann??? Those are real changes and sooner rather later the momo, already sputtering out, will collapse, institutions will bail for good and retail investors who don't know a 10Q from tenpin will run like hell. How soon? I have no idea at all. But the fundamentals, never good, are changing drastically for the worse and the perception will catch up soon enough. JMHO LP

To: Bill Harmond who wrote (13643)	8/16/1998 7:11:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

I think we are perfectly aware of that. I am also aware that fools are learning that Amazon.com is way over valued. To the bulls - please, please throw your hard-earned money at Amazon.com stock while at this price level. By all means, bid the price up as I have been urging bulls to do for the past few weeks. Each time you throw your money at the stock at these levels, smart investors and insiders are pocketing huge profits and shorts are taking advantage of the nice run up to sell. We need manic enthusiasm to make the stock a good trading vehicle. If the stock were a stable performer, trading it would be impossible. So, if you are confident that the stock will not retreat, then buy it now. If you don't buy it, then the shorts will sell it and force the price down. I think Amazon.com is a good speculative start-up company that may be worth half the present stock price. I think it will continue to retreat over the next several days. I hope that it goes down and up repeatedly but am convinced that the trend is down.