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


To: H James Morris who wrote (29582)12/10/1998 9:16:00 PM
From: getgo234  Respond to of 164684
 
Does anyone have any details on why Alex Brown upgrade AMZN today ?



To: H James Morris who wrote (29582)12/10/1998 9:45:00 PM
From: Robert Rose  Respond to of 164684
 
<I went to Grad school in Palo Alto. In the last 20 years this is the worst thing that ever
happened there.
Trust me.
ps I used to go to the little book stores. I still do.
Why? I'm from the old school. I just like the touch, feel and the proprietor's. >

James, you know I feel the same way. I remember giving Rob S a hard time not too long ago when he lamented the possible loss of independent bookstores such as Printers Inc. My attitude has been, "hey, e-commerce is the future! it's convenient! it's cheaper! and besides, I can make a ton of money by "investing" in these e-commerce companies!"

And today the downside really begins to sink in for the first time. Printer's Inc. was (sorry, still is) a class act! Sponsoring readings/discussions with accomplished authors on at least a weekly basis, home to a cool local hangout of a cafe, and it's just always been here. The cafe is going to stay, but it just won't be the same if I can't walk a few feet to pick up my daily WSJ or IBD or NYT or the new Red Herring, or whatever, as I sip my morning latte. My daily life will be poorer for it!

I guess I always thought that the great local independent bookstores, like Kepler's, Stacy's, or Printers Inc. could somehow survive because they do offer something special and unique. But no, the latter instead is one of the first to go!

Then, to make matters worse, the article alludes to the fact that the landlord is not finding it easy to re-lease the space. Reminds me of a post by TomD a while back when he discussed the potential impact of e-commerce on commercial real estate values. Many cities across America have seen their downtowns ravaged for a variety reasons. But can it even happen here in the birthplace of Silicon Valley as a consequence of many of the technologies actually developed here?

I have really enjoyed many of the discussions on this thread regarding many of the "fundamental" issues regarding retailing, e-commerce, etc. I really am going to have to ponder further all of the potential ramifications of e-commerce on our daily lives.

Thank you all for your ongoing contributions in these regards.

Rob