EIB Test April 2008 | Page 121

Yoojung Park(Stella) UCR Extension 1200 University Ave. Riverside, CA 92507 Email: [email protected] Phone : (1-951) 756-3404 Company Stock Prices Analysis 1. Amazon.com Inc.(AMZN): High-Risk AMZN S h a r e $228.00 $223.90 $224.00 $220.00 $216.00 $221.32 $218.06 +5.84% $211.53 $212.00 P $208.00 r $204.00 i c e Date 1> The share price of Amazon has been increased. There are some reasons. First, according to Bloomberg, Amazon stepped up its competition with Netflix and Hulu and reached an agreement with CBS to let customers of its Amazon Prime service watch thousands of TV shows without additional cost. 2> Amazon has a benefit from surging Kindle sales in favor of electronic versions. According to Bloomberg, its Kindle e-reader help