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Is Amazon cheap?

Amazon reports tomorrow, and some observers are a little worried that the results might disappoint. Retail sales fell slightly in the last quarter, when third-party sales on Amazon’s site are excluded, and the unit has run at a loss for the last three quarters. If you like the big story at Amazon, a terrible quarter is nothing but a buying opportunity. Read More...

Amazon reports tomorrow, and some observers are a little worried that the results might disappoint. Retail sales fell slightly in the last quarter, when third-party sales on Amazon’s site are excluded, and the unit has run at a loss for the last three quarters. If you like the big story at Amazon, a terrible quarter is nothing but a buying opportunity.

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