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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%3:59 PM EST

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To: Glenn D. Rudolph who wrote (88839)12/28/1999 1:07:00 PM
From: HG  Read Replies (2) of 164684
 
Glenn,

Maybe I'm being too ambitious here, may be I'm dreaming, but I see grocery, book stores, electronics, drugstores and all the mundane shopping going 90% online and becoming obsolete in 50 years time. I also see local delivery servies booming...or maybe the online retailers may take on local deliveries as well.

Maybe, just maybe pleasurable shopping - high end clothing, jewellery, expensive electronics may continue in brick and mortar stores.

Why am I assuming this ? Becoz in many third world countries people still buy ice to cool their water and drinks. They don't have refrigerators and they cannot imagine not going out shopping for ice every morning...!!!

In addition, when I was in Dubai, every department store, grocery store - small or big - had a home delivery service. In my 9 years there, I and my friends rarely went shopping for groceries. Just made a list and told them over the phone, or dropped off the list at the store...and it always got delivered.

Its just a vision of the future I have. Maybe I'm wrong. ?!?!?
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