Amazon Launches Kindle 2

Article Excerpt

AMAZON.COM $62.35 (Nasdaq symbol AMZN; SI Rating: Extra Risk) (206-266-1000; www.amazon.com; Shares outstanding: 428.6 million; Market cap: $26.7 billion) has unveiled a thinner, faster and lighter version of its Kindle electronic reader. The Kindle 2 has seven times more storage than the first Kindle, as well as sharper images and a longer battery life. The Kindle 2 also has a text-to-speech feature that lets users listen to books or newspapers read by a computer-generated voice. The Kindle 2 costs $359 U.S., the same price as the first Kindle. (Kindle is only available in the U.S.) Amazon.com is a buy. buy…