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

To: Glenn D. Rudolph who wrote (24536)	11/5/1998 10:10:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

From TMF, The Baby Elephants have been feeding. <So far 12 institutions have reported their Q3 13f with the following activity in regards to Amazon. 7 buyers of 251,400 shares in total. 5 sellers of 131,047 shares in total. Essex Investment Management, AMZN's largest institutional owner, sold 96,647 shares. This brings their holdings to 1,357,000 shares, still more than half a million shares more than the next largest holder. The big buyer wasy Warburg Pincus Asset Mgmt. They picked up 162,622 shares to bring their holdings to 164,022 shares.> I thought Morgan Stanley was the largest institutional owner. William! Was I incorrect?

To: Glenn D. Rudolph who wrote (24536)	11/5/1998 1:23:00 PM
From: fedhead	Read Replies (1) \| Respond to of 164684

Glenn AMZN has moved from low 80's to 129 in the last couple of weeks. There have been all kinds of bad news about this stock. Yet it doesn't go down. You may call it manipulation but the odds are heavily against you if you are short especially when the general tone of the market has improved so much. The objective is to make money not to let ones losses/gains cloud one's judgement. AMZN stock action is telling me that it is not going down anytime soon. Anindo