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

To: Bill Harmond who wrote (134157)	11/2/2001 10:46:48 PM
From: 10K a day	Read Replies (1) \| Respond to of 164684

when did he start selling fruit?

To: Bill Harmond who wrote (134157)	11/3/2001 2:10:02 AM
From: Glenn D. Rudolph	Respond to of 164684

You deserve kudos for your work, Glenn. But comparing at your scale to Amazon is comparing apples and oranges. This is true but only due to decision. I am not prepared for Amazon's scale so am wise enough not to be over extended. Amazon is also not prepared for their scale which accounts for billions in losses and more to continue. Successful retailers grow into their business by expanding at a reasonable rate and by using mostly funds generated from operations to expand. Note Wal-Mart spent years in Arkansas and then branched out over a period of years. It was a few decades before they were nationwide. This is true of thousands of other larger busineses. McDonalds did not open "restaurants" all over the world in a year or two. They were smarter than that. What you are doing is pointing out one of the major errors Amazon's short sighted management made. Business 101 taught that one must define a market, have a business plan to address that market and a method to finance it from continuing operations. The three major reasons for failure in retail are: 1. Lack of experience. (Amazon's management has none in retail) 2. Lack of a pre thought out successful business plan if management executes well. What exactly is Amazon's business plan? 3. Under Capitalization causing financial over extension otherwise known as leverage. Amazon suffers from all three reasons to fail which is why they will so quickly particularly in light of the amount of credit provided to them. Amazon is lacking a business plan to point that they can't decide it they want to handle fulfillment or farm it out. Which are they? A fulfillment and distribution firm? A marketing and order taking firm? The management at Amazon cannot answer that question. By the way, some of both will not work.

To: Bill Harmond who wrote (134157)	11/3/2001 7:29:47 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>But comparing at your scale to Amazon is comparing apples and oranges. Lets compare at your scale to fibre optics. For the last 2 years every one in America has been aware the "fibre optics " glut was coming. Meaning a lack of demand for fibre optics products. So, why where you the last one to get the message? >DENVER _ Qwest Communications International, which reported an unexpected third-quarter loss this week, is stopping work on its fiber-optic network to pare costs. seattletimes.nwsource.com