Value Funds Still Not Dipping a Toe Into Amazon

Amazon.com (AMZN Quote) is still on the road to break-even, but the number of growth-fund managers aboard its wagon has dwindled sharply.

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Microsoft Keeps Growing on Value Investors

After the market closed Monday, Amazon told a good-news, bad-news story. The good news was that it met Wall Street analysts' forecasts and still thinks it will break even for the first time by this year's fourth quarter. But the company also agreed to sell AOL Time Warner (AOL Quote) $100 million worth of Amazon's shares, down more than 58% over the past 12 months, at a discount. Plus, the company slashed its growth targets for the second half of the year, sending its shares plummeting in after-hours trading. ...