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Amazon.com Slides After Execs Speak

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Amazon.com

(AMZN) - Get Report

was off 1.4% in preopen

Island

trading a day after it defended its business model before analysts at an investor conference. The company asserted that its strategy would eventually pay off and touted its ambitious overseas plans. CEO Jeff Bezos said sales could grow 50% a year through 2010. Amazon.com took a hit Tuesday after

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