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


To: Skeeter Bug who wrote (128505)7/18/2001 12:11:02 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
glenn, i haven't used amazon in quote some time and forgot my password. getting old passwords is so difficult that people have an incentive to quite and set up a new account, thereby creating a distorted view when amzn reports "new accounts." what a sham.


The worst metric I haver heard of is "cumulative customers." There was no such thing prior to Amazon. Who really cares about the people that have died, gone bankrupt, stopped shopping at Amazon, have no need for those products any more, etc. from a business point of view.

What do you think the cumulative customer count is so far for Sears Roebuck and Co. How much are they making off the customers that first shopped there in 1886?

"Picture America in the late 1880s. The states were only 38 in number. Their total population was 58 million and about 65 percent of these people lived in rural areas. Only a dozen or so cities had 200,000 or more residents. And the yearly national income was about $10 billion. This was the scene when, one day in 1886, a Chicago jewelry company shipped some gold-filled watches to an unsuspecting jeweler in a Minnesota hamlet. Thus started a chain of events that led to the founding of Sears. "