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DiggPoints » Archive for October 3rd, 2009

History Amazon

History Amazon

Unfettered by the rules of the old economy — that profits drive stock value — Amazon.com Inc. was the poster child for the new Internet economy with its dynamic, young chief executive and highly valued stock. But when the technology bubble burst, the company quickly morphed from poster child into punching bag, an example of Internet economics and excess. Unlike many of its e-commerce counterparts, however, Amazon survived. And yesterday the company posted its first annual … Read entire article »

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