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

To: H James Morris who wrote (22011)	10/16/1998 8:47:00 PM
From: Jan Crawley	Respond to of 164684

Only Mary Meeker and her other sheep have. Hi James, from Mary Meeker's synopsis dated Aug. 4 (posted here on SI) she stated very clearly; that Amzn's float was less than 11 million and short interests was 8.7 million. She clearly understood that 18.7 million tickets were going after 10 million seats; so were all her clients. Your point was always the "point" - Float and sellers. It's very difficult for "Amzn's stock price" to squeeze the shorts as effectively as three months ago cuz the float is 13 million currently. When the float increases to 16 million shares, Amzn will have problem maintain $60, when the float increases to 18 or 20 million, Amzn will stay in the $40's. JMHO. Have a nice weekend, :))