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


To: Glenn D. Rudolph who wrote (40098)2/14/1999 9:02:00 PM
From: Sarmad Y. Hermiz  Read Replies (4) | Respond to of 164684
 
Glenn,

<Their claim to fame was the use of catalogues and their high tech ability to trac what their customers bought. >

This concept of recommending an additional purchase to a customer. How is that different from when you buy shoes, the clerk usually asks "would you like some socks to go with the shoes ?

Or when you buy a suit, they always ask if you would like some shirts or ties.

Regarding Amazon, what idiot would accept the recommendation of an automated system about what to read ?

I think the next move for Amazon is to start a match-making service for their customers based on their reading and viewing purchases. At least that is socially useful. Sort of like the Rev. Moon and unification church wholesale marriage ceremonies. I think that would put their Nevada location to good use.

-Sarmad



To: Glenn D. Rudolph who wrote (40098)2/14/1999 9:05:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
Here's a question I doubt Mary Meeker has an answer to..
It was also the question that nobody ever wanted to talk about with Boston Chicken:

The basic biz plan is to spend, spend, spend. Gain marketshare. Spend. Grow. (that's mary m's quote)

The question is, at what level of marketshare do they stop growing and attempt to make a profit? 60%? 90%? I think its already around 90.

Are they waiting until they reach 100% of all books sold in the world?

Here's a hint: Covey and Bezos will never tell you when they've decided they have enough marketshare, because that will be the same
day the shell game is up.

Increasing marketshare is their ONLY plan of operations. They have no clue how to ever become profitable. Amazon is doomed to failure, just as Boston Chicken was.

When you intend to run a real business, you make it profitable as soon as you can. You dont just keep expanding and incurring more debt into infinity. Unless the purpose is not to run a legitimate business, but rather to keep the con going long enough to cash out as many insider shares as possible.

Guess which path Amazon is taking?