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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Wells who wrote (69497)	7/25/1999 10:08:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Yes, Wal-Mart will be cannibalizing their own stores - but this is a better option than having the business go to Amazon. Of course Wal-Mart's stores may become costly when customers move to the web - Eric, I suppose I am continuing this further but that is the point of discussion. I do not believe Wal-Mart nor most other retailers are concerned about cannibalizing their own stores. I believe strongly that brick and mortar retailing is going to continue to do very well. There will be a fair amount of retailing on the net. I personally prefer to shop for many items on the net. The issue here is there are too many items making it inconvenient to shop for them on the web. All of the discussion has been centered on large chain stores that are brick and mortar competing with Amazon. There has hardly been any discussion about a local mom and pop operation in the ongoing retail world. I agree there is no reason to focus on the mom and pop operations. They are quickly being eliminated which means much of the growth in sales to both Wal-Mar and Amazon are coming from customers that are defecting from the local shop. Not so much Amazon now since they are hypergrowth due to being new,etc. However, if one looks at the growth of Wal-Mart for the last five years, one will see they are growing due to the elimination of the local retailer. They also are obtaining market share from Kmart, etc. The point is that there are still many small retail shops that will feed new revenue as they close up. My other opinion is the real winner will have both ecommerce and brick and mortar stores. I doubt the numbers being thrown around for retail ecommerce will ever come to pass. Business to business will be the large player here in my opinion. Glenn