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To: Bill Harmond who wrote (64910)6/27/1999 8:17:00 PM
From: Robert Rose  Respond to of 164684
 
Spoken like a true LOOOOOOOOOONNNNNNNNGGGGGGGGGG <vbg>.



To: Bill Harmond who wrote (64910)6/27/1999 8:29:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

>>But are you not concerned that ebay is not quite the company that amzn is?

If I had to own one, it would be eBay. EBay is a license to print money. 90%+ gross
margins, scalable, textbook beneficiary of the principle of network effects,
recession-proof...


I may have shared this story on this thread. I honestly do not recall. Another jeweler that does not compete with me but is a customer of one of my salemen placed some diamond earring studs on Ebay. I believe they were .12 carat total weight. The final bid was $30 more than he would have sold them in his store so he shipped .15 carat total weight. He claimed he would have felt badly otherwise. The reason for this post was not to comment on the ethics of those in the retail jewelry business. I wanted to say that before the flames went flying;-) The reason was to show how one cannot value sign unseen merchandise well. I doubt that explained my point well either<G>