it&rsquos ironic the company that pioneered &ldquofrustrationfree&rdquo packaging is drawing the intense frustration of investors.following amazon.com&rsquos amzn jawdropping bad third quarter and poor outlook for the fourth, the stock that investors gave a pass to for years is getting trampled. shares of the online retailer closed down 26.12, or 8, to 287.06 friday. that decline wiped out more than 10 billion in market value in one day.amazon is a prime example of what happens when a stock that investors had been piling in no matter what finally loses its momentum and sense of infallibility. investors, no longer willing to give it a pass, can, quickly and harshly, reevaluate what the company is really worth. plus, when a company gets as big as amazon, keeping growth rates high gets increasingly difficult. apple increasingly faces this issue.just look at how amazon has done this year. shares are down 29 from their highest point over the past 52 weeks, making one of the worst performers in the standard & poor&rsquos 500. despite the huge size of the loss, though, it still doesn&rsquot rank among the biggest 11 corporate losses.capture&ldquofrustration with amzn is reaching peak levels,&rdquo says ross sandler, analyst at deutsche bank, in a note to clients.analysts were quick to point out the aspects of amazon that are most troubling, including weak revenue forecast for the fourth quarter. the guidance for 12.5 revenue growth is nowhere near what investors expect from amazon, sandler says. &ldquoamazon&rsquos largest markets are slowing and the company is hitting the law of large numbers,&rdquo he says. spending is &ldquoout of control.&rdquo at least that&rsquos what michael pachter of wedbush securities wrote in a note to clients. a recent 100 million spent on original onlinestreaming content during the quarter shows that management is intent on building that business, no matter the cost, pachter says. such spending will pressure the company&rsquos operating margin, he says. no traction on fire phone. the widely panned fire phone dashes amazon&rsquos hopes of being a contender in the competitive smartphone market. a brutal 170 million inventory writedown on the phone hurt income, points out chad bartley, analyst at pacific crest, in a note to clients.but some think amazon&rsquos weakness is temporary. bartley, for one, says the stock is an opportunity. bartley cut his revenue forecast for the fourth quarter, but bumped up his operating profit margin target.analysts still rate the stock &ldquooutperform&rdquo with an 18month price target of 350 a share.gty 450831302 a cgo fbs usa waamazon, story stocks 
