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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.93+1.2%2:49 PM EST

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To: Glenn D. Rudolph who wrote (111230)10/26/2000 12:33:22 PM
From: Skeeter Bug  Read Replies (2) of 164684
 
gdr, this is a powerful network and amzn CAN'T compete with this level of service under their current structure. this is also the proper use of the net, imho. it should marginally add business, not revolutionize it for business. the net has smacked businesses as investor knowledge has increased - just as i hypothesized 3 years ago.

i listened to jeff levy on computers. he went to a store to buy something. the guy at the counter said this is the lowest price available. jeff whipped out his pda and dialed into pricegrabber.com. guess what? they reported lower prices and jeff got a better deal. the retailer? their profit on that item was probably cut by around 50%.

it was, and is, so OBVIOUS.
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