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Amazon.com Stocks Take A Dive

SUSIE GHARIB: Shares of amazon.com fell more than 10 percent in after hours trading today. Investors unloaded the stock after the Internet retailer posted better than expected quarterly earnings but missed revenue estimates. Amazon earned $0.47 in the fourth quarter, $0.24 more than estimates, but sharply lower from a year ago. Revenues rose 17 percent to $2.98 billion, but that was $100 million less than what analysts were expecting. Looking ahead, the company is forecasting first quarter sales to grow between 13 and 20 percent and as much as 23 percent for 2006.