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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%Nov 25 3:59 PM EST

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To: Glenn D. Rudolph who wrote (40098)2/14/1999 9:05:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
Here's a question I doubt Mary Meeker has an answer to..
It was also the question that nobody ever wanted to talk about with Boston Chicken:

The basic biz plan is to spend, spend, spend. Gain marketshare. Spend. Grow. (that's mary m's quote)

The question is, at what level of marketshare do they stop growing and attempt to make a profit? 60%? 90%? I think its already around 90.

Are they waiting until they reach 100% of all books sold in the world?

Here's a hint: Covey and Bezos will never tell you when they've decided they have enough marketshare, because that will be the same
day the shell game is up.

Increasing marketshare is their ONLY plan of operations. They have no clue how to ever become profitable. Amazon is doomed to failure, just as Boston Chicken was.

When you intend to run a real business, you make it profitable as soon as you can. You dont just keep expanding and incurring more debt into infinity. Unless the purpose is not to run a legitimate business, but rather to keep the con going long enough to cash out as many insider shares as possible.

Guess which path Amazon is taking?
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