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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 1,178.95+0.4%2:29 PM ESTNews

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To: Sr K who wrote (162968)11/26/2017 7:50:39 PM
From: zzpat1 Recommendation

Recommended By
Gottfried

   of 162989
 
"Wednesday brought the start of what’s likely to be a flood of similar announcements from Amazon in the next week. Monday is the kickoff of re:Invent, the AWS conference in Las Vegas that draws tens of thousands of developers, customers and technology partners. The trade show features a set of AWS announcements of new features and customers, and the Amazon unit typically releases a few bits of news in the days and weeks ahead of the show."

Buffett missed this one. He thought IBM would be the winner and was very surprised Amazon beat them so badly. He's seldom wrong but when he is it costs him a lot of money.
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