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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.37

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Dec 2 3:59 PM EST

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To: microhoogle! who wrote (107433)	8/23/2000 5:14:49 PM
From: Eric Wells	Read Replies (1) of 164684

Murali - I recently purchased a new car online - via CarOrder.com. I bought the car for approximately $2500 less than the best price quoted by the three brick & mortar dealers I visited/contacted. Yet, in spite of the savings, the whole process of purchasing the car online was a disaster. And I'm not convinced that the $2500 I saved was worth the effort. At one point, CarOrder.com reps tried to convince me to purchase another model car (so much for the theory that online sales eliminate car-dealership type hardball sale tactics). While I did test drive and fully evaluate the model car I purchased at a dealer before buying it online, I can't see this model of business surviving for long. Dealers are essentially providing a "free" service to online car sites. I believe, however, that the online car sites - at least those selling new cars - are going to drive themselves out of business. I don't know Greenlight's model - but CarOrder.com's model was to sell cars at what appeared to be a loss to drive business. And as been the case of many other dot-coms that follow "sell dollar bills for 95 cents" type of models, they've already gone through layoffs. -Eric

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