Amazon

Just a heads up.  Our Amazon trade: while profitable, in hindsight I sold too soon.  It was strictly a valuation call.  Upon further review, as the football refs say, I think the estimates are way too low. It now appears that Amazon is on its way to being for broad retail what Apple managed to become for mobile entertainment. So perhaps it's not as richly priced as many now perceive.  At these levels, though, one must tread carefully.  So we're tip-toeing back in.  In small increments.