Hmmm, well, either this analyst has some data we don't (possible) or this is a bit of guessing that's manipulating stock:
http://www.thestreet.com/s/kindle-re...-amazons-stock
Quote:
SAN FRANCISCO - Shares of Amazon(AMZN) got a boost on Monday on speculation that its Kindle electronic book reader would be a big hit among consumers.
The stock was soaring 9.5% to $88.12 in recent trading, after Citigroup analyst Mark Mahaney put out a note estimating Kindle's unit sales to be twice as high as his original assumption for 2008, to 380,000 from 190,000.
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