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


To: Jan Crawley who wrote (18200)9/24/1998 12:11:00 PM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
> Hi Bug, generally speaking, three months waiting period, that's >from Jun 25 to Sept. 25...But I do have to verify this!

I just checked and you are indeed correct. That means TOMORROW all those shares will be available to sell on the open market, and with todays sky-high valuation those guys would have to be insane not sell every share they could.

by the way, here comes clinton to speak. Every time he opens his mouth the market seems to go up. Or is it every time monica opens her mouth he seems to go up.. :)



To: Jan Crawley who wrote (18200)9/24/1998 12:21:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
My understanding is that at least 3 mil will become available this month and next. By the 1st qtr of '99 another 2 mil or so will open up. CGMI (?) said that the AMZN shares they were paid for the recent acquisitions would be available this month. Hmmm . . . if I were them I would want to sell shares about now - to take advantage of the inet IPO push, quarterly window dressing and seasonal factors.



To: Jan Crawley who wrote (18200)9/24/1998 6:15:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I think Bob and Glenn and IS are well kept on the above.

Jan,

The 3 million shares are unlocked to sell as of October 15, 1998. The other 9.6 million depends on the vesting time of the original companies. The SEC filing was not explicit enough that I could tell when this was except it occured over a variety of time frames.

Glenn