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: H James Morris who wrote (101916)	4/22/2000 2:50:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

James, I know this is going to date me as an old foggie but I was thinking last evening as we were locking up our wares at the store after a very successful sale about how my education has helped me in business. That was a run-on sentence so I am not good with grammer LOL. Anyhow, I know I did not attend Harvard or Stanford but I believe I still obtained a decent education while getting my masters in business. I took a lot of marketing course, business planning the usual stuff much of which I recall today. I even have the 1970s copyrighted text books to prove it<G> A few issues about starting new business were addressed. The major issue was the major cause of business failure was undercapitlization or lack of experience or both. Then examples where shown where a firm might pleanty of capital but through making a lof of mistakes due to lack of experience, the capital would eventually be gone and so would the firm. There there were examples of firms that executed well by doing a lot of correct adapting to the market place but before they reached profitability, captial was gone. They started with too small a capital base. There was never an example of a firm that started well capitalized, continued to execute poorly meaning adapting to the market environment poorly but would then get as much needed cpaital to continue over and over again. Does Amazon mean that these books are going to need re-written from square one or at least have an example of a never ending source of capital even though managemement is as dumb, from the business point of view, as a rock? Glenn