Expensive or Not, Amazon Shares Are a Long-Term Bet on Bezos
At the start of 2001, investors in Amazon.com (AMZN) -- a Web-retailer known mostly for hawking books at the time – were rocked when Lehman Brothers raised the prospect of bankruptcy for the upstart because of liquidity concerns. Nearly a decade later, Lehman has vanished. But Amazon.com has transformed the face of online retail and is angling to do the same to industries spanning from electronic books to the delivery of computing power. Continue reading Expensive or Not, Amazon Shares Are a Long-Term Bet on Bezos Expensive or Not, Amazon Shares Are a Long-Term Bet on Bezos originally appeared on DailyFinance on Sat, 26 Dec 2009 10:33:00. Filed Under: Company News , Technology , Amazon.com Inc. Permalink | Tweet this! | Comments
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