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To: trouthead who wrote (19233)	1/27/1999 3:36:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 27307

Dropping like a rock, 337!!

To: trouthead who wrote (19233)	1/27/1999 8:51:00 PM
From: The_Guru_00	Respond to of 27307

<How is this problem any different than in the real world? I can go to Eagle, or Home Depot, or Lowes. All of whom offer the same stuff. Everyone, whether they are on the net or not, has to create some kind of competitive edge. Service, price, location. Only location is partially eliminated on the net. I say partially because on which home page would you rather have your company highlighted, Teds Fish Market or AOL/YAHOO? The rules have not changes that much. What it sounds like you are saying is you don't think AMZN YHOO and the like are smart enough to compete and create a competitive advantage. It is a valid opinion, but it is still an opinion not a fact. Unless you have the ability to predict the future.> Don't underestimate location. That is why 7-11 can charge 5 bucks for something that would cost 2 at Sam's club. Anyway, if the rules have not changed that much, why are all of these people in a lather? Even Blodgett is concerned that people will sell books at cost, only to get the ad revenue. My thesis ( and what I told you was fact) is that if YHOO, AMZN, EBAY can turn $50 million of seed capital into $20-$30 billion in two years, then others will do it to. It is called competition. Why don't we start a portal (raise $20 million). In six months we will be ready for prime time. They we will PAY, yes PAY, our users for their time spent on our service. They we will slash ad rates, traffic will be awesome, and all of the competition will be pissed. If you and I can do it, anyone can. And they are. That is my point. Re-read my post. I told you that these co's will never be able to generate profits to justify the market caps. Fact. I can predict the future with these facts. Stock may be up tomorrow, but I am talking about something different. Guru.