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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (390)	4/3/1998 11:14:00 PM
From: cm	Read Replies (1) \| Respond to of 2882

Thinking About EGGS... I'm afraid my rationale on this baby is less RATIONAL and more gut. However... * I've just had a huge object lesson in the cost of doing business on the Web. The efficiencies are nearly miraculous. Plus, you get into the knowledge-base business--refining what you know about customers and honing future offers. The Web, as you know, is marvelous for this. EGGS has done a very smart thing... getting out of the brick-and-mortar retail and into a world of possibilities and opportunities (revenue-sharing, etc.) * IMHO, there is not a lot of brand-name competition in this space. Oh yes, I have heard of software.net... which is doing deals, etc. (I suspect, we'll all be hearing more about them in the coming months.) I've also heard of something far more obscure but interesting called digitalriver.com. But, EGGS has got a good, fairly well established name. (This may sound a little like neo-Buffett-ism... though we know Warren wouldn't get anywhere near this one.) * Been reading up some on EGGS management, and I think I like their brainpower, boldness of vision, etc. But, I'm going pretty much on a couple of articles in this regard. Not much serious DD. * The trend is our friend, to quote somebody on every SI thread I've ever visited. However, I spin this to mean that the trend toward more PC's and more people on the Web will mean a burgeoning software market... especially in the budget-conscious category... incomes in the $30's. I think EGGS could be well-positioned to grab share there. * But, I stress, this is an EXPLORATORY one for me. (This from the guy who's jumping in with both feet into BIOTECHNOLOGY!? Mein Gott, have I not taken my gingko biloba supplements? What good have they done me?) Best Regards, c m