Amazon Still in Hyper-Growth Mode

 | Oct 24, 2013 | 7:18 PM EDT
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It's maddeningly positive, isn't it? Amazon (AMZN) reports an amazing number and it flies higher.

I still can't figure out how Microsoft (MSFT) put those points on the board. I mean was P.C. demand really better than expected? How about the demand "accelerating" for Uggs from Deckers Outdoor (DECK)? Where that stock will stop nobody knows.

I have to admit when I saw that Amazon grew revenues 24% to $17 billion I was astonished even as I had to hear that they still weren't making any money. The net loss did narrow considerably and more importanty, they are still, after all of these years, in hyper-growth mode and we want them to stay that way.

Dupont (DD) CEO Ellen Kullman delivered big-time shrewdly spinning off performance chemicals as the division is ascending, thanks to tightening Ti02 pricing, while at the same time offering a higher, more consistent secular growth path for investors.

Oh and if that weren't enough good news Zynga (ZNGA), with its new, solid management team gave you are terrific surprise.

Against all that? Cerner (CERN). That was really the only big-cap disappointment I could find tonight.

Not an effective counterbalance.

So, we come in hot into Friday, another day where we marvel about how so many companies can do so well despite Washington because that's exactly what's happening.

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