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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (335)3/20/2000 10:26:00 PM
From: Boplicity  Read Replies (1) of 13572
 
Amazon and the amazing things it is doing see below from the bull market report.

<<. AMAZON FORMS STRATEGIC ALLIANCE WITH KOZMO.COM

Amazon.com (AMZN, $64, down 1) has invested $60 million in Kozmo.com
(www.kozmo.com), the leading "e-mmediate" Internet-to-door delivery service. They have reached a three-year strategic alliance with Kozmo.com. Under this agreement, Amazon will begin offering a one-hour delivery option to its customers. When the service is launched, Amazon.com customers will be able to choose Kozmo.com as a one-hour
fulfillment and delivery option for certain book, music and toy orders.

COMMENT: We saw something like this coming as early as last December, and here it is. This is a no-brainer relationship for both parties. Amazon brings more to Kozmo than any other company in the world could, and Kozmo.com makes a logical extension to Amazon's customer service
offerings. Jeff Bezos long ago articulated a vision where vans filled with goods would be constantly patrolling the streets, waiting to be summoned to immediately deliver a recent purchase. With Kozmo.com, this is another
step closer to reality.

I like that they are letting someone else do it. AMZN does not need anymore capital outlays. <g> When will they ever make a profit?

greg
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