Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Michael Young who wrote (71045)	7/31/1999 12:37:00 PM
From: Steve Lee	Read Replies (1) \| Respond to of 164684

>>It appears that revenue per customer FELL by 20% in the latest quarter!<< Maybe those customers are buying less because people are reading less books. The irony is that the internet revolution that enabled amazon.com also enables people to learn online, to read newspapers online to be entertained online and to listen to music online, all at a much lower cost - often free - than buying printed material. How many people with a "web lifestyle" will rush out for a morning paper featturing news they read on the net last night? When I travelled by train as a kid I used to see businessmen reading newspapers. Now they use laptops. Now I know that printed material can often be a lot more convenient and easier on the eyes than a screen but any shortcomings in technology are eventually overcome - see the amount of attention Bill Gates has given to the "electronic newspaper". If the electronic newspaper can take over from its printed ancestor, who is going to buy books that are months out of date by the time they hit the shops - apart from technophobes who wouldn't go near amazon.com anyway? I think amazon are realising this - hence the diversification of product ranges. They will soon be just another ecommerce provider having wasted their first-mover advantage by racking up unrecocilable debt.