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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (122251)	3/30/2001 11:28:08 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

gdr, appreciate the thoughtful analysis. i agree that business ebbs towards profits and away from losses, so net company will, eventually, be profitable or none will be left. i guess my point is that 70-80% of net shopping now is value based. that will shrink as folks that will risk buying something without seeing it when they save $200 will not take that risk if they save $10. so, i see the net market actually shrinking. amzn proves this point to me daily. more naive types say, "just raise prices 10%, no big deal." goodness, amzn can't even get rid of shipping w/o losing GONZO business. bezos can finagle those without shoes as long as his company is growing sales. well, even that game is reaching the breaking point. when sales begin to compress, as they surely will when they raise prices to profitability, katie, bar the door. i think your business will do much better than books or cds or dvds. diamonds are unique. customers need an education and they are spending enough that they will value trust and a relationship. dvds? who gives a rats but where you buy a new dvd as long as the retailer doesn't rip you off (and that info is available). wrt a change in credit being material. of course it is. i don't think bezos and company say a thing until way down the road. btw, just bought an olympus c-3000 for over 50% off retail + tax. in this case, it was refurbished, but quite nice savings since it has a warranty and will work just fine. in this case, the net worked to both company and consumer advantage. however, i WILL NOT pay retail now and that hurts somebody's margins. thank you internet. :-)