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Technology Stocks : CMGI What is the latest news on this stock?
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To: Diabolique who wrote (1134)8/5/1998 10:30:00 PM
From: Andeveron  Read Replies (1) of 19700
 
>> You can even argue if you have all the money in the world you could put all the Yahoo, Amazon and AOL out of business. This is no barrier of entry. <<

This argument has been postulated in many different business areas. It holds little credence. It's like saying that there is no barrier to the hamburger restaurant business. Anyone with enough money will be able to open up a couple of burger joints but it does not mean that you will measure up to McDonalds or ever garner the market share that an entrenched competitor has. Of course, you can die trying and throw a lot of money around but it doesn't mean you'll get anywhere when you're late to the party.
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