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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (5424)	2/26/2001 12:54:11 AM
From: Glenn D. Rudolph	of 57684

Bill, Do you recall when you stated Amazon is not a retailer but rather it is a software company? If not, I surely can locate that post but take a look at this. The emphasis is mine: To: Rob S. who wrote (13683) From: William Harmond Monday, Aug 17, 1998 12:18 AM ET Reply # of 115251 >>This post tells us what I have long suspected - that Amazon.com, rather than being the technical powerhouse that some have imagined, has been forced to acquire companies to meet competitive threats that it could well have prepared itself for That's how Cisco does it. Microsoft, SAP, Procter & Gamble, you name it. >>rather than being the technical powerhouse Amazon is not a "technical powerhouse", and never claimed to be so. Amazon is an online merchandiser. >>has been forced to acquire companies to meet competitive threats That's spin. Forced by what? Your ShopBot demons? Why should Amazon undertake software development (a long, risky process outside its core competency) when it can acquire the best there is today (and the best developers with it) in a pooling of interests? You didn't include the significant fact that the owners of that killer technology took Amazon stock in trade. What do they know that we don't? >>why didn't they see the impact of Web Shop Bots long before the threat loomed so obviously? This reminds me of the hysterics on the Yahoo thread some months ago when banner-blocking software was going to kill Internet advertising and Yahoo's business model with it. What's your favorite ShopBot, Rob? How has it worked for you? " So what is Amazon besides it is morphing?

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