i agree that we will likely see some good numbers out of bbn at their next few reports and this will support a sp above 2.00
the amazon issue is a future issue but they will take a year or so to get any traction in australia and the eps growth numbers for bbn will look good in the meantime. the multiple is now undemanding having fallen from over 3.30.
but the market is forward lookibg and so the doom and gloom will likely continue as amazon starts promoting itself and the dramatic news stories develop.
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