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Amazon's Kindle: What's Mark Mahaney Smoking?
Posted on May 16, 2008
Whatever it is, I would like some. According to Henry Blodget, the Citigroup analyst seems to think that Amazon (AMZN) will be selling$750-million worth of its Kindle e-book readers within two years. Whatactual data is this analysis based on, you ask? Absolutely nonewhatsoever, as Kevin Maney points outat Portfolio, since the company has refused to give any details aboutKindle sales. In other words, it s just a bald-ass guess. And as far asI can tell, it s a howler.As Henry himself knows all too well, making outlandish claims about what stocks and/or products will do in the futurecan get y...
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