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Politics : Ask Michael Burke
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To: McNabb Brothers who wrote (70516)11/14/1999 1:40:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Hank, The profit model is simple. Every other co. goes broke, and then the E-tailer that survives can raise prices as high as he wants. No other entrepreneur will step in to challenge him by cutting prices below his profit level as he did to established firms in the past. <VBG> I see no operating profit potential at all for E-tailers over the long haul, and certainly see none in the short term. However, there is huge profit potential for the scam promoters by selling stock to suckers.
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