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


To: Frank Z who wrote (18827)9/28/1998 4:58:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Hi, Frank, this is a short-cut answer, but I am pretty sure it is correct.

The original IPO was 3 plus million shares and about 1.7 "convertible" preferred shares, therefore, about 5 million shares. After split, the original "float"(certificated shares) was approx. 10 million shares. (most of those shares were sold to institutions.)

Amzn's filed 144s(shares sold by insiders) are about 3 million shares since July 1998.

10 million plus 3 million is the 13 million so called current "float".
The caviar is the short-selling shares, which increase the shares sold by the exact number.

Hope that I am not confussing you or anybody else. Pls correct me if I am wrong.