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Technology Stocks : PC Sector Round Table

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To: Robert Douglas who wrote (1488)3/3/1999 6:32:00 PM
From: Stitch  Read Replies (1) of 2025
 
Robert;

<<What will Amazon earn 5 to 10 years down the road? My guess is around 1 1/2 to 2% on sales.>>

I tend to agree with you but will mention what I think IS exciting about e-sales. To me the real advantage of e-sales lies in its ability to provide access to niche products, even esoteric products. E-Bay is another model I like in that it offers extremely convenient access to resale items, an infatuation American shoppers have had since the advent of garage sales and flea markets. What does all this mean? I think it is a bit more then the net as a huge and convenient yellow pages.

By way of illustration let me share a few sites that I have actually ordered from and obtained items difficult for me to find in Asia or that held a special interest to me. All of these were found via a search engine.

einsteins-emporium.com

holymtn.com

paragonbook.com

nmia.com

By the way, Christie's (the auction house) has recently announced their intention to sell on the web. What a great example of how the web is a great enabler of egalitarianism. Now even I can bid on an artistic rendering of a can of Cambell's soup. <G> That I cannot afford it is beside the point. <GG>

Best,
Stitch
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