Raina You
UC Riverside Extension Center,
1200 University Ave,
Riverside CA 92507-4596
Tel : (951) 329 – 2536
Email : [email protected]
Memorandum 2
Date:
Tuesday, August 3, 2011
To:
From:
Class:
Subject:
Eamon John McGowan
Raina You
EIB2
Stock Project Memo 2
Introduction
I chose the three companies for investment in stock project which is progressing from July 18 to
August 1. In this project, I chose the Amazon.com as a high risk company, and I spent $11901.68
to buy 56 shares at $212.53 each. After the last opening day in this project, I earned $698.32
from Amazon.com because the share price of the company increases to $225. The next company
I chose is the Walt Disney Company Commo for low risk company. I invested $12009.84, and
then I lost my money $119.73 because the stock prices rapidly decrease. The last company I
chose is Gravity Ltd., the developing and distribution of the online game company in Korea. I
bought the 3529 shares from Gravity Ltd., and I got 3529 shares. However, the stock of the
company is going down, so I lose $352. 9. In short, I earned money from these three companies
total $225.69
Company Stock Prices Analysis
High Risk Company: Amazon.com, Inc. (AMZN)
Today there are many companies based on the Internet. Amazon.com is one of the successful
internet business companies that started the business as a online book store. The company is
expanding their business to sell more things like home appliances, record and sporting goods as
well as books. Also, the company tries to lead the e-book market. The Kindle that drives e-book
market revitalized is an e-book reader developed by Amazon.com, and it is successful even
though there are many alternative such as the tablet PC or I-pad. In these reasons, Amazon.com
is a company with a competitive edge that can survive in the market.