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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST
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To: Victor Lazlo who wrote (60678)6/4/1999 11:53:00 PM
From: CanynGirl  Read Replies (2) of 164684
 
The internet is very innefficient in satisfying many human wants/needs, like shopping and feeling/touching the goods. The internet will never do well in selling clothing or jewlry or shoes etc.. those items with so much image and emotion attached to them by people.

So what you're saying is Spiegel should be out of business? (Ok, maybe they should be.) ;)

Brick and mortar will never go away, but the shift to online will be phenomenal over the next 10 years for all kinds of products. (And btw, I've spent alot of money buying clothes online from places like REI and Patagonia. And I've also bought jewelry online. So I personally dispute that clothes and jewelry won't do well on the internet. They've got my business. <G>)

With bigger pipes (and I know the pipes will never be big enough with all the stuff people want to shove through it over the next 20 years) and new technologies such as the 3D stuff MCRE is doing and MODA is implementing will provide a pretty incredible shopping experience online. It won't meet all needs, all the time, but it will take a substantial bite out of brick and mortar. I can't remember who is forecasting it, but some research house is predicting ecommerce will represent 25% of the world economy by 2005. That's alot.

Don't sell the internet short, it's only just begun. ;)
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