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To: Dan Meleney who wrote (6890)4/22/1999 11:05:00 AM
From: Michael Burry  Read Replies (3) | Respond to of 78491
 
I guess we have possibly different views on the population in general. I see most as computer illiterate and will stay that way. The idea of all retail at the net level to me is utopian and orwellian. I don't have a good fact-based response though.

If I thought the way you did, I'd be buying Amazon, shorting Borders. Instead I've done the opposite. The fact that your wife made all her purchases on the internet maybe indicates that the family and people you're exposed to are extremely into the internet. I live in Silicon Valley, am very net-cognizant, and my fiancee and I put a lot of miles on our feet this last Christmas, buying everything in retail physical stores. And it was crowded.

And I've detailed before my frustration in trying to buy a printer on the net. We're just coming from two different experiences. As most of the investment community seems to think your way, I'll stay with mine.

Mike



To: Dan Meleney who wrote (6890)4/22/1999 1:05:00 PM
From: jeffbas  Respond to of 78491
 
My wife goes to the mall just because she likes to shop. I think you discount that social behavior. Of course, if the mall just becomes a showroom and purchases are made elsewhere, it would be doomed long term (with severe dislocation for the economy and severe unemployment and social problems for many people with limited educations).


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