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


To: Glenn D. Rudolph who wrote (135085)11/26/2001 11:45:27 AM
From: GST  Respond to of 164684
 
Well said.



To: Glenn D. Rudolph who wrote (135085)11/26/2001 12:57:40 PM
From: GST  Respond to of 164684
 
"However, Blodget said that growth of items sold at Amazon may not correlate directly to revenue growth for several reasons, including an increased percentage of third-party sales, the sale of many "used" items, lower prices, and the loss of shipping revenue. Amazon has been making use of free shipping as a shopping incentive.

We believe it is difficult if not impossible to precisely forecast revenue from the Delight-o-Meter data. This said, we regard the solid year-over-year item growth as a positive, and we believe the company is probably tracking modestly ahead of our $1.028 billion fourth quarter revenue estimate," he said."

siliconinvestor.com



To: Glenn D. Rudolph who wrote (135085)11/26/2001 5:40:26 PM
From: Randy Ellingson  Read Replies (2) | Respond to of 164684
 
Hi Glenn,

Happy Holidays, and I'm glad to hear your stores (including online sales) are doing well. And congratulations on your pending retirement (though something tells me, with how hard you apparently work, that you'll be having fun with some "work" as a hobby, just to stay involved and make it all happen). Will your son be taking over the wheel?

I liked what you wrote, but I think you're still seeing Amazon in a biased way (I may be also, I realize). You said:

Customers buy when they are treated in a manner that makes their purchasing enjoyable, convenient and reasonably economical.

There are a huge number of customers of Amazon who buy from them for these very reasons. They've been far from perfect, doing some things well, others poorly, and losing a great deal of money along the way. They've been, perhaps, unfair to their shareholders at times (and that may or may not have been intentional, the other possibility being that they were themselves naive). Let me point out however, that they have a pretty good size customer base now. They still have the opportunity to make their business work, profitably. You seem sure they cannot. That to me seems hard to say, either way. AOL stunk things up in a big way for many years, and their customers hated them (many did) for poor service, poor access, busy signals etc. In spite of the road Amazon has taken, they can still conceivably survive and thrive. If they do, by your own measure, it will be in part due to providing an efficient, enjoyable, convenient, and reasonably economical route for customers to buy.



To: Glenn D. Rudolph who wrote (135085)11/26/2001 6:23:07 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>These people took billions of dollars out of th equity market so they can spend it on themselves. These people should be ashamed. In my opinion they lack ethics and beyond having made a lot of money for themselves only, are handicapted when it comes to business.<<

glenn, remember wall street? "greed is good," exclaimed michael douglas. bezos listened and smiled all the way to the bank at the expense of the suckers... errr, true believers.

bezos is great at what he does best... monetize investor ignorance. heck, he's the only confidence artist to have made time's man of the year!