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


To: Sarmad Y. Hermiz who wrote (40099)2/14/1999 9:07:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>the clerk usually asks "would you like some socks to go with the shoes ?

Actually, when referring to people who are counting on going long Amazon stock at these levels to secure an early retirement, the phrase would be "Would you like fries with that?"



To: Sarmad Y. Hermiz who wrote (40099)2/14/1999 9:09:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
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.


Sarmad,

There is no difference.

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


Clearly some people on this thread but that is not the norm.

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.


You have a good suggestion there. They could charge for this service which would have better margins.

By the way, Service Merchandise had a high margin business, had a $975 million profit in 1982 on sales of $16 billion. They had at least a profitable business for awhile. They were national but were not internationl Canada excepted.Their market cap reached as high as $22 billion. These are all in 1982 dollars too. I doubt they will be around after January of 2000. I do not believe we can give Amazon credit for doing them in.

Glenn



To: Sarmad Y. Hermiz who wrote (40099)2/14/1999 9:09:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>Regarding Amazon, what idiot would accept the recommendation of an automated
>system about what to read ?

Glenn, Michelle posted today how she was amazed at the wonderful technology that showed her what she should read next.

I guess some people like to be given orders, no?



To: Sarmad Y. Hermiz who wrote (40099)2/15/1999 4:01:00 PM
From: Impristine  Read Replies (1) | Respond to of 164684
 
nevada location,
i must agree,
the dude is not stupid,
notwithstanding,
corporate advantages...
in terms of managing,
a labor pool
of not highly skilled labor,
nevada offers many advantages
over california,
it's the cheese,
for example,
state disability insurance rates,
'state compensation' insurance rates,
state income tax rates,
imo, nevada is no welfare state,
and is strategically positioned,
for this type of biz,
bezos will nickle and dime this,
bezos is a mizer,<sic>
i love the mizer image,
the dude will surprise you,
the dude will turn an internal marketing,
expense,
on a dime,
into a boatload of profit,
short another boatload...
read what you want to read,
here what you want to hear,
see what you want to see...