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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%3:59 PM EST
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To: Alomex who wrote (132239)10/4/2001 9:43:48 AM
From: Alomex  Read Replies (1) of 164684
 
The biggest irony about the possible bankruptcy of Amazon is that the conditions were ripe for AMZN to have been successful. They had ready access to capital, a reasonable product, and a public willing to experiment with the Internet. This distinguishes them from most other dot-com ideas which were non-starters from day one (like boo.com).

A few things done differently and Amazon would be in the black today:

1- One warehouse in a labor cheap location (deep south, Mexico or Eastern Canada).
2- Better distribution system combining US post and special delivery (a la T.N.T.)
3- No selling of patio furniture and other equally hare brained ideas.
4- No investment in other companies.
5- Secondary instead of bond issuing.
6- The move from the ugly part of Seattle to the top of the hill. The luxurious setting made the employees forget that AMZN was first and foremost a deep discount retailer. Instead it became a "technology powerhouse" with the same aggressive expansion and spending attitude.

Any others?
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