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To: IceShark who wrote (22772)	10/23/1998 3:59:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164685

>but maybe WrongWay can come up with a more sinister speculation - >Black Helicopters, Aliens . I guess you're right. Corruption on a large scale can't exist in the modern world- we're so informed! BTW- the mafia used similar arguments in their early days to try and discredit prosecuting DA's.. "Entire families engaging in crime sprees and racketeering, even influencing politicians? Nice fantasy you've got there"

To: IceShark who wrote (22772)	10/23/1998 4:04:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164685

Actually, if you are interested, here is what happened. The junglee/planetall insiders had 3 million shares they wanted to dump. Bezos and Meeker and Vinik knew the stock would collapse if that much float was added. So they quickly had a meeting with the junglee/planetall folks and made an arangement where the insiders would put the shares out there to the various brokerages, and then Bezos and the gang would "borrow" all those shares for shorting (hedging) purposes. Remember when a couple weeks ago suddenly there were shares available to short? And then quickly they were all gone? And then, most damning of all, was the SEC filing by Amazon a couple days ago where they specifically added a section that said "Planetall/junglee insiders are free to engage in hedging positions" and nothing more. Coincidence? I guess if you're a sheep, you could convince yourself of that. Just dont forget- BEZOS WAS A FORMER HEDGE FUND MANAGER. Do you think he's going to totally forget about his previous career and experience when it would present him with a chance to preserve his billionaire status? Get real. (are you listening william?)