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Technology Stocks : Webvan Group (WBVN) -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (335)	2/26/2001 8:38:47 PM
From: dkgross	Respond to of 464

agreed. E-Toys and Mercata...great examples of great ideas that bit the dust.

To: SouthFloridaGuy who wrote (335)	2/26/2001 10:36:04 PM
From: Bryan Ino	Respond to of 464

Well I work for a distributor wanting to sell their distribution services to other companies like .COM's They have a good idea, and your points are valid, but rushing to think new concepts of ecommerce will not change the brick and mortar to click and mortar is foolish. The fact is that the old institute business is very ignorant of new technologies, just as the young techy dot coms were ignorant of traditional businees rules like profitability! I'll bet that the young tech companies will move faster to adopt better business methods for profitability than the old institute guys will at learning new technologies. Old institute folks have too tough a time to spend the money to rip out their OLD legacy systems and spend the money. YES SPEND THE MONEY to upgrade for the future. Unfortunately, too many of them go with the Patch and paste method. Thats why java is so big because its supposedly will allow a way for the old legacy system to communicate with the newer more robust applications of today (n-tier) I still regard it as patch and paste! Webvan has created the distribution warehouse of tommorrow today. If they fail, I guarantee you someone will come along 5- 10 years after that failure and re-create the same business model again. Webvan's model is probaly more likely suceed when the baby boomers move closer to walking with cains (and there will be a lot of old folks in our population in 10 - 20 years), and when your kids in college today are working your job. Many dot com's were a bunch of upscale yuppie artsy types given a lot of money to do cool things without any substance or profitability behind them. But the e-commerce era is still so young, and Brick and Mortar better not get too comftorable in their easy chairs. I like webvan with all the obstacles because they have excellent management and there forward thinkers, but I understand why many look down on them. Selling just groceries is tough enough especially with a 2 - 3% profit margin. And the money pipe has been shut. What I'm hoping for is more partnerships with other vendors wanting to sell and deliver their goods directly. Perhaps the Krogers, Albertsons and Costco's will realize that to do the webvan thing (and they all are wanting to do it) they'll have to spend the webvan bucks to do it. "Their old legacy mainframes dont interface well with web applications." My bet is some of them wont want to spend the webvan bucks and they'll partner with webvan to do the delivery. What I dont get is all the volume on this stock. Tells me theres a lot of cynics, who are secretly very unsure.