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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.47-2.3%9:52 AM EST
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To: llamaphlegm who wrote (10924)7/20/1998 6:17:00 PM
From: Alomex  Read Replies (1) of 164684
 

Please get a good summary of Michael Porter's works (any of htem) on competitive strategy.

A famous economist (Ludwig von Mises) wrote to that:

"In all these discussions the professionals have an advantage over the laymen ... The layman may brilliantly succeed in proving his argument. It is of no use. For his adversary, clothed with the full dignity of his professorship, shouts back: "The fallacy of the gentleman's reasoning has long since been unmasked by the famous German professors, Mayer, Muller and Schmid. Only an idiot can still cling to such antiquated and done-for ideas." The layman is discredited in the eyes of the audience, fully trusting in professional infallibility. He does not know how to answer.

But it didn't work here. Then you carry on making fallacious arguments. Viz:

your #6 is almost silly, everything that is attractive at amzn's site is or will be replicated by the competition in due time.

As opposed to AOL, that has some content that cannot be replicated by the competition in due time. My apologies, I didn't know AOL had a copy of the Nicromicon on line. Not to talk about the technology. No point even attempting to replicate their busy dial tone, or their amazing(ly slow) navigator. Yeap, AOL is unparalleled. One of a kind. Never to be matched by competition.

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