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


To: Jan Crawley who wrote (42864)2/27/1999 8:45:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

>> Bill, No, it just mean that you can sell a reasonable # of shares today from $120 to $130. Try sell one million shares today, sell, not trade. Amzn has over 160 million outstanding shares.
<<

That is the most intelligent comment on the market cap of amzn I have read. However, we can't argue with the fact that the people who threw caution to the wind and bought and held last week did very well. (Much better than me). And it looks like Monday will enrich them further.



To: Jan Crawley who wrote (42864)2/27/1999 9:40:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Bill, No, it just mean that you can sell a reasonable # of shares today from $120 to $130.
Try sell one million shares today, sell, not trade. Amzn has over 160 million outstanding
shares.


Jan,

I keep posting the 144s. Are you keeping track of the float?

Glenn



To: Jan Crawley who wrote (42864)2/27/1999 4:32:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Jan, That's an open auction. The point is that those other shares weren't for sale. Holding is part of the value equation just as much as trading is.

If the entire company were put on the block to move in a single secondary offering, the price would trade much lower. But that's not the point. If every shareholder wanted out it simply and literally wouldn't be the same company that existed before. You understand more than most that who owns the shares is as important as how the business is doing.