SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jach who wrote (29015)12/5/1998 2:13:00 PM
From: Rob S.  Read Replies (1) of 164684
 
That's kinda lame . . . most people shopping on the Internet for books now are shopping at one of the major sites - Amazon being #1 by a wide margin. I agree that people will turn increasingly to price as a major purchasing motivation but that doesn't tend to be the primary factor during the adoption stage of a new product or market. You may want it to be THE major factor at this point in time but the facts speak louder than banter. Price is NOT what the market is focused on - either in regards to stock prices or in regards to where to buy. I shop for price but I think many bears on the sector and Amazon are ignoring the reality of the stage we are in at the moment because they are prejudiced by their own preferences: "I care more about price than being in the in-crowd or warm and fuzzy sites so everyone else on the net must feel the same way." That is just as narrow of thinking, maybe even more so, than those who think "the Internet is growing at 200%+ per year . . . so Amazon is worth $12 billion because they will have huge sales and margins somewhere down the road as competition and pricing is not important (it hasn't struck me in the face yet)." The facts that are right in front of you now - that people are buying things at Amazon at a record pace and that they are focused on sales growth and ignore protests about future margins and profits should be very clear. The facts that take a more complete understanding and clearer reasoning - that competition will grow in importance during the latter phases of growth and margins will be narrow - are certainly true but they are not the facts having the greatest effect on the market for the moment, IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News