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Problems at eToys Raise Questions for Amazon

 

Updated from 2:55 p.m. ET

Henry Blodget published a worrisome thesis Monday morning: the eToys (ETYS Quote) washout could mean that Amazon.com (AMZN Quote) shareholders are up the creek.

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The Merrill Lynch Internet analyst's assessment comes in the wake of eToys' announcement Friday that it wouldn't just miss its month-and-a-half-old estimates for fourth quarter sales; in fact, it wouldn't even make it to the correct hemisphere. ...

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