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

To: H James Morris who wrote (59231)	5/30/1999 2:34:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

James, >> I guess you can tell that I'm not one of his blind cult followers. Don't you think;:-)) Being one of the few people who lost money in amzn both long and short, I guess it i best to avoid all comment. But just a question. If in fact Jeff B. has been secretly hedging his stock, is he liable for share holder suits ? And would that account for a lot of extra shares in the market that simply do not allow a new high to last beyond an hour or so ? I am still puzzled by the speed of the collapse from 220, and how it caught everyone (except one) by surprise.

To: H James Morris who wrote (59231)	5/30/1999 2:34:00 PM
From: Jan Crawley	Respond to of 164684

Other than Bezo ,anyone else would, unless they're hiding something!! James, Bezos is not responsible for the retailers. Total Amzn shares is 160M Bezos and other insiders own 60% of the 160M, that's 96M Big boys(institutions) own approx. 35% of the 160M, that's 56M a. The retailer+e-daytraders own 5% of the 160M, that's 8M b. The short interest is 11M, therefore the retailer+edaytraders own a total of(approx.) 20M Amzn shares. Bezos has told the small guys many times in the past 6 months to hold a very small Amzn position and only if one has a large portfolio. p.s. the convertiable bond shares is not even considered here.