Kindle is novel idea, but no reason to buy

By Malcolm Berko    Comments Comment on this article
Published: November 29, 2009

Dear Mr. Berko: I’m impressed with Amazon’s Kindle DX. I think this new device can really help Amazon’s earnings take off. I don’t have much money, but I can scrape together about $4,000 and buy 50 shares. I’d do it because I think the stock could move from the current $132 to $150 in the next year. Please tell me if you agree or disagree, and please tell me why.

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