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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Bob Trocchi who wrote (3305)2/20/1998 10:36:00 AM
From: Candle stick  Respond to of 18691
 
>>> Amazon
only pays (15% commission) if a book is sold from that "click thru"
<<<<<

only pays 15%....ONLY!......last I checked AMZN margins were about 18%...that basically means they make next to nothing from the 30,000 sites in the referral program.....If prices drop a bit due to all the new competition coming online, then AMZN will be losing money from these referrals!..........;^)

But wait! I forgot! Losing money is a NEW way of defining success!.........why, AMZN will be the most successful company ever!



To: Bob Trocchi who wrote (3305)2/20/1998 10:46:00 AM
From: Ploni  Read Replies (2) | Respond to of 18691
 
Subject: eToys

I never heard of them before. Now I have. etoys.com
This one doesn't seem to be a public company. Yet. Where do all these companies come from? Do any of you want to start a company, to sell something over the Internet? It doesn't matter what, our main goal will be to launch an IPO, issue press releases every other day, and then dump our shares as soon as the lock-up period is over. (I'd recommend that we sell fertilizer over the Internet.)

"We're building for market share right now, not profitability."

So basically you take an old joke, such as "We lose money on every sale, but we're going to make it up on volume," and instead of people laughing, they take it seriously.

This is another clue for the development of our business plan: we can watch Abbott and Costello movies to search for slogans and mantras for our press releases. Arghh!