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


To: Bill Harmond who wrote (57325)5/18/1999 11:02:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 164684
 
William, I know you have a policy of never answering direct questions, but how about naming one company that dominates a PROFITABLE segment of any industry, that also has low barriers to entry. (in other words, a cut-throat competition must not exist in your example)

Just one example. Just one. You can do it in one sentence, even.

----
There are low barriers to entry in many businesses. That doesn't stop just one company from dominating.



To: Bill Harmond who wrote (57325)5/18/1999 11:15:00 PM
From: Rob S.  Respond to of 164684
 
Amazon has early adopters momentum but is growing no faster than the Internet as a whole, despite the fact that they have leveraged themselves into several new sales areas. Barnes was laughed at this time last year and only taken a bit seriously last summer. Give them a while to gain momentum and then judge the competition. Besides, you are comparing apples and oranges: a highly debt leveraged company that is keeping sales growth going through leveraged entry into more markets while B & N is still mostly a book seller. A fairer comparison would be against AMZN's book biz. Of course, they don't break that out (surprise? not ; ). Amazon's competition comes from all directions.



To: Bill Harmond who wrote (57325)5/19/1999 8:44:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Why have Amazon's revenues been exactly 10x Barnesandnoble's every quarter since
Barnes went online eight quarters ago? If there are no barriers to entry, where are
B&N's share gains?


William,

Presently it is hip to buy from Amazon. When the "cool" part wears off, then Amazon has problems from a top line point of view.

Glenn