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Nov 11 3:59 PM EST

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To: Lizzie Tudor who wrote (3099)	1/17/2009 11:02:34 PM
From: Hawk	1 Recommendation of 3618

Your joking right, no longer retail. They sell merchandise on the WEB that is 90% of their business. Cloud computing is a small part that is highly competitive. What are they a tech company ? You are going to tell me that retailing is a small part of Amazon business, right, it's most of their business. The Kindle no one knows the success or not because Amazon is not candid about its sales. It could be a disaster. Amazon relies on the bulk of its sales from merchandise sold at razor thin margins, that's a retailer. Bill Miller had the worst performing fund last year and sold a good chunk of Amazon stock, he no longer hold such a large position. He has a value fund and was holding Amazon when it had a PE of 70. Bill Miller is a joke and so is amazon, it's a momo stock that will crash when they exit.

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