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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (2286)	12/26/1999 8:14:00 PM
From: re3	Read Replies (1) \| Respond to of 3543

<<<How naive are you, anway? hey we are all naive in our own way ! we (well i anyway) paid for a six month membership a year ago to post here...so, in effect, i paid money to go2net to help them have a successful biz by posting up a storm and providing my wit and repartee (ho ho) absolutely free... i feel kinda naive <g> did you know that naive spelled backwards is evian ? got bottled water for friday ?????

To: yard_man who wrote (2286)	12/27/1999 12:38:00 AM
From: Sr K	Respond to of 3543

IMO Amazon will never become profitable from operations. They are not giving away $1.00 for each $.95. They are giving away a lot more.

To: yard_man who wrote (2286)	12/27/1999 3:47:00 AM
From: Dale Baker	Read Replies (2) \| Respond to of 3543

How naive are you, anway? Less naive than you are ill-mannered, my friend. You should thank me for drawing some attention to what had become a dull, moribund thread. And try using the spellchecker sometime. Since you asked for a serious example, I will post one more time before I leave you all to plan the end of our economy and our civilization as we know it. I have some real portfolio research to do. First, you are all obsessed with AMZN for some reason. AMZN stock has hardly budged this year while other Internet companies have multiplied several times. You are looking in the wrong direction to figure out what is happening with Internet stocks. AMZN is already headed toward Sears' fate, too fat and bloated to keep their focus. Here's a real example of what is happening in the Internet world. Remember the comment about live chickens earlier? Imagine Ma Kettle out on the farm raising her free-range chickens. Health-conscious yuppies in town will pay up nicely for the chickens, but there's no easy market to get her chickens from the farm to the gourmet boutique. Then Ma Kettle discovers the Internet, and a B2B site that lets her offer her latest birds to the highest bidder nationwide. Before she could only sell to a wholesaler in her own county. Now she has so much demand that she's building a new barn to hold more chickens. Transactions are created that wouldn't have existed without the Internet, at least not on the same scale. So what does Ma Kettle do now? Well, she's been naggin' Pa Kettle to get new drapes and carpets for the living room but he's too lazy to go to town and help her pick some out. She's been waiting for months to spruce up that living room. Flush with cash from her chicken sales, Ma Kettle goes online, compares several stores with the drapes and carpets she wants and places her order. Two days later the drapes and carpets show up via Fedex and everyone is happy. Who just benefited? Stockselling dot.com scammers? I don't think so. Ma Kettle's standard of living went up because her business grew. The B2B site she used got a cut on the deal and the hardware and software suppliers that keep them going have a good customer (that's why SILK was a great buy this year and AMZN wasn't). The gourmet boutiques do great business and keep expanding. Fedex and UPS do well shipping all this new business all over the place. And the drapes and carpet store that was hurting for business because Wal-Mart was kicking their ass starts to shift to an Internet model and cuts down their bricks and mortar overhead. You can piss on this example if you like. It's already happening and it's going to grow like wildfire. That's what's behind the wave. When digital wireless catches on - not just ordinary cell phones - it will grow even faster. More information means more opportunity for economic transactions. If Ma Kettle can't get DSL then DISH will hook her up with high-speed satellite Internet service. Y'all have fun here. See ya.