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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (15404)	11/21/1999 2:54:00 PM
From: Kanetsu	Read Replies (1) \| Respond to of 57584

Rande, Thanks for thoughts on FATB, I agree on not buying it here, if I had your discipline and timing I'd have a much larger account. If I have ever been married to a stock, though we once had a very expensive divorce, it is FATB, for better or for worse as they say. It probably won't change publishing, but what I find intriguing is this "ematter" From PR: "Fatbrain's "eMatter" allows authors to set prices and keep half the profits, and may eventually allow them to bypass publishers. This could transform retailers into publishers, and publishers into virtual bookstores." Why would an author only get 10% from a publisher when he can get 50% from FATB? Sure this won't happen overnight, but the younger generation is much more computer savvy, and it also provides a market for struggling authors, investment advisors, video game wizards, freelance magazine writers, travel guides, recipes, the possibilities are endless. They have already signed up some famous authors, and for those that want the book FATB offers it in book format too. FATB owns the patent on securely downloading the PDF Format - this I don't pretend to understand, but the patent and the fact they are first to market with this idea seems important to me, as does the fact that Paul Allen owns a huge chunk of it. On the other hand, the selection at the ematter bookstore is subpar right now, but so was the selection at EBAY when it first started. I suspect it may gap up on good earnings and then have a steep sell-off, maybe you can look harder at it then. Enjoyed your thoughts about the prediction of the demise of newspapers and downloading the paper with your coffee and such. I suppose that's why Lexmark's stock is doing so well, soon everyone will need a printer to download their daily dose of documents from cyberspace. Your feedback is greatly appreciated, you should think of publishing an investment book at FATB. <vbg> Kanetsu