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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST
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To: Glenn D. Rudolph who wrote (29137)12/6/1998 11:40:00 PM
From: IceShark  Read Replies (1) of 164684
 
Glenn, I think the way it may work out is that most big retailers will have internet "outlets" as a standard and well known selling line ala the way Sears, MonkeyWards, etc. used to have mail order. The difference is the speciality and top line retail stores will have it, too (no one could call Sears a top line merchant during the last 30, or more, years.)

It will take years to shake out the winners and losers, but margins will be razor thin and amazon has no particular reason to be declared the WalMart of the internut quite yet. Actually, they are likely losers since the big retail outfits should have superior economies of scale if they don't lose focus or interest on net sales.

Sears is an interesting case study since I believe their catalog demise was due to their general inept business practices that killed the retail stores, too. An interesting sidelight which points out how diverse Sears used to be and how times have changed: about 1950 my Grandfather, a mason by trade, bought a half case of dynamite from the local Sears store to blast a well for the lake cabin. Can you imagine walking into your Sears store and asking the "hardware" moron for a case of dynamite today? -g-

Regards, Ice
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