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To: Rob S. who wrote (12239)8/1/1998 6:22:00 PM
From: IMPRISTlNE  Read Replies (2) | Respond to of 164684
 
re: "My plan to start a company are real "

================

Rob, Might...be a good idea...Plenty of prosperity to go around<G>..You may even benefit from a little of the positive Mindset...But be careful...It can be contagious<G>

With that said, I apologize for the long post....

I think that online booksales..will, at some point, surpass brick and moron <sic> bookstore sales i.e...I think that online booksales will account for more than 50 percent of the proposed 80 billion dollar industry estimates.......when?, I have no idea...

I think that A co. will have a 50 percent market share of the entire universe of online book sales.......I think Amazon has the best shot at being that company at the present time

I think new markets and niches will be exploited by amazon...in ways that we cannot even imagine at the present time...I think Brick and moron bookstores...will close by the thousands...and this is where the shakeout will be...the strong will get stronger...the buying patterns will shift.. (as sixpack joe is educated)... margins will get better... marketing will have a compound exponential effect on revenues at some point......<G>

Amazon..will be so big and powerful...that publishers...will want to have exclusive agreements with them..because they are so powerful, credible, innovative, and honest....<G>

I think that Amazon...will surpass a billion a quarter in revenues...before AOL does...What do you think? LOL...<G>

I further think that ...amazon is benefiting greatly from the innovation and creativity of some of the small guys doing e-commerce..I think the Yahoo's and Amazon's.. will prosper, in part, because of the small guys innovation, creativity, and dogged persistence...




To: Rob S. who wrote (12239)8/1/1998 9:21:00 PM
From: tekgk  Respond to of 164684
 
Yep,

Starting software and Internet companies is easy and people will pay unbelievable amounts to buy them. I've started several of them. If this market eeerrrr or should I say mania holds up I hope to take one of them public soon and I have buyers starting to line up of a couple of the others. One of them was started for 300k (which I have already taken back out) 17 months ago and I just got an offer for 5.5 mil last week. I wouldn't pay that much but lots of others will. It seems that there are several consolidation plays going down with lots of financing. If I sell to them I figure I am selling to sophisticated investors ... but I can't help but feel a little guilty because I am sure that they are going to eventually sell to the public for some insane sum with lots of hype. What a country!



To: Rob S. who wrote (12239)8/2/1998 11:11:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, we must be doing things wrong. The number one way to riches in America is to
take a company public and clean up from the public's retirement investments and
speculation. The internet stocks have gone wild with speculation that has made the
founders and VCs fabulously wealthy before they ever have to turn a profit.


Rob,

I know my mistake. I own brick and mortar jewelery stores. People come in, look at the merchandise and sometimes even buy. My company is not public so I cannot milk the investor for their dollars.

My plan to start a company are real - maybe I can still catch the wild speculation wave to
ride to riches. Any potential partners out there? Maybe I'll be way too conservative to
attract that much speculation . . . but the prospects are interesting.


I am in. My store provides a decent living but not billions in a year. I even have to work there at times. Being payed by the investor is much more lucrative and sounds easier too.
Glenn