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


To: Cap_Loss_Cfwd who wrote (43035)2/28/1999 11:14:00 AM
From: H James Morris  Respond to of 164684
 
>>The only DNA transfer I am aware of is the involuntary one I and my fellow shorts have received from Bezos and his crony analysts<<
First, I think your new here, so let me welcome you and your loss carry forward. Don't feel alone. It's been reported that over $4bil has been lost by the shorts and the puts. William here loves you because our loss was his gain.
I was out $80k on puts until I set up a hedged box account and spent months of sweat slowly working it back.
>> Why would anyone buy prescriptions or shampoo over the net when virtually every urban American has a pharmacy within one mile and in many cases there is one in the local grocery store? <<
They're not going after urban shoppers, like the one's that shop @ Wal-Mart. They initially want yuppies, and tech's. People that thinks it cool to buy any kind of drug that's delivered on-line. They hope that the others you refer to. Will eventually catch up.
>> For disabled people I believe many brick and morter pharmacies offer delivery. <<
Believe it or not. Our senior citizens and the disabled are more and more going on line. It's harder and harder for them to go outside.
>>It cannot be cost since the transaction costs (with shipping) must be just as high<<
The cost of shipping will be offset by the wonderful margins made. Especially on prescription drugs.
It beats books and trust me on that.
>>I also wonder what kind of qualified pharmacist would want to fill prescriptions from a computer screen in a Bezos-type sweatshop environment and what kind of filling/shipping error rate will occur.<<
Good question. These pharmacist's will be mostly recent pharmacy college grad's. It will be a training ground, but I'm sure they know enough not to be concerned.
The error rate is, a problem that I haven't been able to think through. The distribution and logistics they say they have down pat.
>>I frankly see this move as one of desperation. It must have been the purple-haired guys in Amazon shipping that saw the synergy between music and drugs. <<
The only desperation I see. Was Bezos desperately trying to find something profitable to flog on the Internet. IF this "Thing" takes off? He might well have found it. Don't worry about the purple-haired guys.
It will be kept apart, and they'll all be wearing white Dr coats. It will be a different image "Thing".
Please think this over. I would not bet against this "Thing" again.
Wall Street loves this stock, and now the elephants and their analyst's can get their drugs on-line. We all know how the analyst's love to get high on Internet stocks. Don't you think??.
I do. Trust me on that.