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Once simply an online purveyor of books, Amazon.com has become a marketplace for just about anything you’d want to buy.
Bazos' mention in early 2013 about cash flow mattering more than profits was most disturbing. No investor should fall for made-up metrics. Profits matter. That is the essence of being for a company! Amazon is not hardware. It is content. It will need to sustain years of high capex before content begins to generate meaningful earnings.Avoid, avoid, avoid.
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