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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Ted Downs who wrote (37689)	3/5/2002 5:52:21 PM
From: Ibexx	Read Replies (3) \| Respond to of 99280

I loooove Amazon.com. Spending a fortune buying stuff from them every month, even though I know for a fact that I could get the same thing cheaper elsewhere. It's simply a pleasure to shop there. Ibexx (No position)

To: Ted Downs who wrote (37689)	3/5/2002 7:17:39 PM
From: Smart_Money	Respond to of 99280

I agree that the sight is well laid out and pleasant to visit. The issue for me is the web prices vs retail prices. I found that Amazon shipping and handling really eats at the spread. The advantages of buying online and waiting for the book to arrive for me would be final purchase price. But I usually find the book I want at the local store that equals the price of Amazon final cost. On some items they may be cheaper but not much and you can review the book at the store and have it now. Amazon whole business model emphasis no bricks and mortar hard cost but the capital invested so far could have built the largest retail bookstore known to man and would have cash flowed long ago. I understand that Amazon has strong followers but I bet if investors knew what they know today regarding the money spent to create Amazon.com they would have passed on the investment (save and except management who became millionaires). With this in mind, Amazon will not have any new competitors which is the only positive I see going forward.