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Hi Steve + IV, quickie I presume they have similar thing to listed investment companys (LICS) on the US stock exchange. Could you give us some ticker codes for some of the major ones if you know them. Also EFT which would be similar to the one that tracks the ASX 200. Eg which ETFs track top...

I have nfi what cloud is, but i remember reading CBA are the ones pushing that system in the banking sector. They are on a PE of 12x at the moment. Edit: just watched a youtube clip about cloud computing

Steve i've never dabbled in US stocks. Can you go into abit further about your investing choice in amazon. On a PE of 70. Based on Actual EPS of 2.04 (2010 figure obtained from Yahoo) Predicted EPS growth of 27.53% P.A (next 5yrs) After 5yrs PE will still be @ 24.85 Predicted EPS growth is...