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Holding: AMZN

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Symbol Sector Return Exposure Trades Last Trade Status
AMZN Specialty Retailers 37.45%  n/a 22  03-Oct-08  Prior Holding
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07-Apr-08

Amazon is smart.

Holding Rationale for AMZN.

I've been meaning to pick up Amazon for a while now.  More than ever I use these guys for shopping and more recently for software development and mp3 downloads.  I've noticed both myself and people I know spending more time interacting with their system.  From a software development standpoint the web services they are providing are really a life saver.  The stuff is clean and smart.  Gives you what you need without a lot of "enterprise" class bullshit.  It allows me to develop things that would normally take a large team on my own since I don't need people to engineer redundancy, administer servers or buy hardware.

As I've used their software services (S3 and EC2) I've gained a lot of respect for these guys.  They are really branching out into some interesting areas and I feel they impress me more now than they did in the past when they had a higher price so I'm buying.

Tagged Stocks: AMZN

 

Posted at 15:43 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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charleskreps

AMZN Out
Rank 10/187
Return 37.45% at 2009-01-08
Rank 10/187
Trades 22
Followers 14
 

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