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


To: getgo234 who wrote (23763)10/29/1998 7:15:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 164684
 
Time vs. money...

Getgo, the answer depends on how much your time is worth. If you have a job in which you make $50 an hour, should you lose the $50 it takes to drive to the store just to save $3?

OK, you may be a salaried worker who shops on weekends, so the scenario above doesn't apply to you. If you go to the store on the weekend, how much do you spend for gas, parking, tipping the valet, eating at the mall? And what about those impulse purchases, those things you buy on the way to buying other things?

Here lies the value of the Internet. Frankly, I love AMZN's services, but I hate the stock valuation.

DocStone



To: getgo234 who wrote (23763)10/29/1998 7:17:00 PM
From: Tom D  Read Replies (2) | Respond to of 164684
 
For CD's, I guess people shop AMZN for convenience.

Price may become an issue with large orders. For small orders, the shipping negates the savings. I presume that AMZN is trying to attract customers who think their time is valuable. Saving them time, and having an immense selection is supposed to be the big attraction.

I have spent about $300 on CD's in the last few months, mostly at AMZN. I did some comparisons to the competition. I see AMZN's music business as a work in progress. I couldn't find any one music site that was consistently better than the others. Which means that AMZN's music success may be happening because they already have the eyeballs from the bookselling.

Tom