Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: S.Pete who wrote (12968)	8/9/1998 1:47:00 AM
From: umbro	Read Replies (3) \| Respond to of 164684

Laziness subdues desire for privacy Bullish article on AMZN's recent acquisitions: [ sfgate.com ] Highlights: When all three businesses are united, they make a perfect fit. Think about it: If you registered with PlanetAll, Amazon now can use the contact and calendar information you provide it. "Your mother's birthday is in seven days," Amazon can remind you. "Would you like us to send her a book from her "requested' list? Or would you like to shop the Web for chocolates or computer supplies instead?" ... "Convenience is bar none the number one reason that consumers buy on the Net," said Tschong. "This has been proven by at least two completely separate studies," he said. "Customers want the service and convenience that personalization provides. They want things to come to them; they don't want to have to go out and look for it." What is holding back the people who do not like to give out data on-line, said Tschong, "is the few bad experiences that some customers have had -- mostly with the on-line porn industry," infamous for its overcharging of credit cards. "But American consumers want to trust vendors," he said. "They want to give data because they think that it will benefit them." To really understand what benefits are possible, a little imagination goes a long way. Article written by, Rebecca L. Eisenberg (mars@well.com) is a San Francisco writer who lives at www.bossanova.com /rebeca/. Net Skink appears every other Sunday in The Examiner.

To: S.Pete who wrote (12968)	8/9/1998 11:17:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

From Barrons: The banks were created by Congress during the Depression to provide savings and loans with the low-cost, long-term funds that enabled them to introduce the ever-popular 30-year home mortgage. DelliBovi, one of the authors of the new plan, asserts that big securities firms like Goldman Sachs, Rubin's former place of employment, wanted the proposal killed because the 12 federally chartered banks would have become a more attractive place for many mortgage lenders to borrow their funds. DelliBovi contends that, with an initial stock offering looming (the partners vote this week on whether to take the firm public), Goldman Sachs has no desire to see more competition. "That's what this is all about," he says, adding that Rubin "may keep his money in a blind trust, but Rubin is not a blind man." Good old GSDW:-( Glenn

To: S.Pete who wrote (12968)	8/9/1998 1:41:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

True. These were better known examples. I never heard about PlanetAll until Amazon.com bought them. There are several other firms that are working on similar capability - the point being that If you carry the ease of use argument out ot its logical conclusion, you would agree with the host of Inet companies that are developing open profiling standards. Users will find it much more convenient to fill in their personal information once and then share the encrypted information with sites as they wish, regardless of what site it is. OPS provides for granular release of info under user control.