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Still Expecting a Rosy Q4?

Thursday, October 23, 2008

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OK so call me an alarmist. Amazon and eBay have adjusted their sales outlook for the fourth quarter and their numbers aren’t rosy at all. Amazon.com projected it would earn $6 billion to $7 billion during the fourth quarter, down from the $7.2 billion it had previously forecast. That’s bad news for investors: Last year the [...]

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