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My understanding is that Amazon's management believes that they can "flip a switch" and stop expansion and R&D, making them suddenly ludicrously profitable. Inv
by brianpgordon 9y ago
My understanding is that Amazon's management believes that they can "flip a switch" and stop expansion and R&D, making them suddenly ludicrously profitable. Investors are fine with that because the longer management holds off on flipping the switch, the higher the eventual eps will be.
- Danihan 9y agoThank you, interesting take on it. Do you believe them? Is that precedented at all?