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Yes, but also look at onsale, which dropped to about 12, I think. Dropped hard, nice bounce. Even at 40 I would only consider AMZN a trading stock. Too much of the old up and down for long term. Also beginning to wonder about their prospects for future growth, outside of books. Their strength seems to be in selling library type items. I can see them expanding into video and cd's, both of wheich they already sell, but I don't see any other items they can market the same way they market books. Hey, I'll even give the company a good idea here, if they're watching. When you check out, pay your bill, why not ask, "Hey, you want film with that" |
