By Scott Morrison of DOW JONES NEWSWIRES SAN FRANCISCO (Dow Jones)--The cost to manufacture Amazon.com Inc.'s (AMZN) Kindle 2 electronic book reader is "significantly higher" than a recent market researcher suggests, the ecommerce giant's chief financial officer said Thursday.
AMZN is more like a momentum traders' one of favorite trading vehicle.
you maynot agree with what I said. But Go back to Amzon history chart (2004-09 as today). you will get the answer.
This is All about the Techinonlgy trading.
Of course, Longer Term Investers also like it.
But I believe they use it as a Trading Vehicle more than a investment diversified plan