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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: DownSouth who wrote (16140)	1/24/2000 10:19:00 AM
From: mauser96	Read Replies (2) of 54805

>the used book business goes away< Great point. The used book business yields no profits to publishers. When I first looked into the e-book concept, I was concerned about the fact that after a while old books have to be pushed out of memory to make room for new books. Then I found that since the cost of downloading copies are almost nil,anytime an e-book owner wants to re read a book coded for his name and e-book, he downloads it free. This gives publishers a great option of letting the reader download a newer revised version at an small extra charge. Most people wouldn't go for the full cost of a new print version, but might go for a revised version at only slight extra cost, thus more money for publishers with no middle man profit. Another thing going for e-books in the long run is that the technology is similar to computers, thus developmental costs of improving display, memory, etc are mostly borne by others. The more I study the e-book idea, the more it looks like it benefits customers and publishers, if not paper makers and bookstores. To be successful it will need compact physical properties and displays equal to print in quality.

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