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


To: ChrisGillette who wrote (161590)4/29/2014 11:46:15 AM
From: Doren2 Recommendations

Recommended By
HerbVic
Road Walker

  Respond to of 164684
 
Maybe come and gone?

: v )

Frankly I'm just not good enough to know WHEN...

Good reason not to listen to me.

If I would have shorted when I started thinking about it a year ago I would have lost my ass. But somebody made some money shorting 4 or 5 months ago.



And you are right competing with Netflix for a low margin business like that is rough... as is competing with Costco and Walmart for other low margin merchandise. Wally and Costco are getting better but they still are pretty lame. I've been shopping for several things lately. Amazon got most of it about $120 in piddly items.

Walmarts search is the worst. They are just incompetent.

Amazon search is pretty bad. Sometimes I marvel that I can find anything. I know they know better. They throw in all sorts of useless stuff in their search hoping for impulse buys.

Costco's inventory is too small. Small is better to a point, particularly brick an mortar, but online they should have a larger inventory. Best is an example of too many choices, most of which suck so much they are just chaff.

Ebay lurks but still doesn't understand its own customers.

Both Amazon and eBay have left a bad taste in many of their sellers.

Sears had a screw up on their site so I took advantage and bought an $80 item for $50. They have no idea who their customers are. If they figure that out and figure out how to treat their customers they might survive and thrive. They still sell really nice tools.

Personally I've worked in retail at TowerRecords. Management there were so out of touch with their employees and customers they went bankrupt. I think management at all these companies are out of touch. Most of us do some shopping around to save money, but also we've been burned by bad products so many times... Management of these companies have more money than they can spend, and they don't have time to shop... ironic, retailers who have never shopped.

How do you guess when a giant with two Achilles heels, like Amazon with an absurd valuation is going to fall?