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

To: Jan Crawley who wrote (22041)	10/17/1998 11:55:00 AM
From: umbro	Read Replies (1) \| Respond to of 164684

Jan, good points on the differences between volume counting on OTC and NYSE. However, even at an average of 2 mil. shares/day, I'd say there is "enough" liquidity. AMZN, YHOO, and a few other (NASDAQ) net stocks are plenty liquid, unless you run a mutual fund trying to dump them at market -- that was my main point. Jan wrote: BM is not a NASDAQ stock therefore the volume represents the actual number of shares traded. Generally speaking, Amzn's (and all other Nasdaq traded stocks) volume needs to be divided by 2.5 to arrive the actual number of shares traded. This is due to, 1. double counting(both buy/sell) and 2. shares exchanged between MMs are included in the volume too.