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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (67813)	9/16/1999 4:32:00 PM
From: benwood	Respond to of 132070

I believe that a lot of e-commerce will simply be a replacement of conventional mail order. The greater ease (eventually) of e-commerce will probably result in greater overall sales that mail order had prior to the Internet, however. So far I've bought a car by FAX and a refrigerator by e-mail (via a web site), among other things. I was the first on the west coast to do the fridge thing online (from Amana). But note that the sale went to a showroom in Pennsylvania even though I picked it up in Seattle (sans 8.6% sales tax, I might add!).

To: Cynic 2005 who wrote (67813)	9/16/1999 5:58:00 PM
From: Knighty Tin	Read Replies (7) \| Respond to of 132070

Mohan, The E-Commerce boom is a total joke and always has been. There was huge growth from zero to something, but, after hitting something, people only buy on the net when the crap is given away. Which isn't often enough for me. <g>

To: Cynic 2005 who wrote (67813)	9/16/1999 7:02:00 PM
From: AurumRabosa	Read Replies (1) \| Respond to of 132070

Goldman sees $1.5 trillion e-business market SAN FRANCISCO, Sept 16 (Reuters) - Investment banking firm Goldman, Sachs & Co. Thursday said it expects a five-year $1.5 trillion boom in business-to-business e-commerce in industries ranging from automobiles to medical equipment. blah blah blah...http://biz.yahoo.com/rf/990916/bbq.html The benefit of e-commerce is that companies get to fire the people that used to answer the phones, manage customer accounts and handle orders. Now a computer will do their jobs and robots will snag the goods off the shelf, package, label, select the cheapest carrier and ship. The displaced souls can stay home and get rich day-trading Internet stocks. It also allows companies to shorten the just-in-time manufacturing cycle thus setting themselves up for a catastrophe if any of the robots in the chain run out of supply.