User 265729

Running Strong Again: The Four Horsemen of Technology

I think that's the four horseman of the apocalypse, isn't it?

Microsoft and eBay Team Up: Desperate or Brilliant?

Answer:

DESPERATE

Amazon, eBay: Headed for a Holiday Showdown

As a consumer of Amazon, I really enjoy shopping on their site. It may be tough for them to make it through the next few months, but we'll need to wait and see.

I notice that the U.S. Department of Commerce comes out with these amazingly high consumer-spending stats, and then revises them downward the next month.

Is there any truth to the rumor that the Patriot Act and Executive Order allows the Department of Commerce, Treasury, SEC, etc falsify data (including 10K's) as a "national security" issue? When everyone is broke on the street, how will they hide that?

I digress… I think Amazon will fare much better than other stores…

Amazon: Was That Its Bottom?

DC Housing Bear:

No. I haven't listen to them in years. Now we are finding out (via Congressional hearings), what many long suspected, that the ratings agencies were sleeping with the corporations. It is all part of the great sham that's been going on for the last 15-20 years. We are living in a "virtual economy," but now we are getting a dose of reality -- and the dose will get bigger and may kill us. Phony ratings for phony corporations with phony paper investments... Wow! Formula for The Greater Depression 2008. None of the fixes that Bush-Paulson, G-7, G-20, etc. will work -- they've all grown to actually believe their own lies. It's pathetic.

Amazon: Was That Its Bottom?

I'm speaking here as a consumer...No position in AMZN...

I've always been happy with the service I've received from Amazon.com from their start, until now. They've had a few problems now and again, but I enjoy using their service. I can't say the same for eBay, that started out good, then took a bad turn for the worse when they said to hell with their customers.

As long as Amazon.com provided the excellent support, as they have been, I think they'll get through this in the end. That's not to say the road ahead won't be rocky -- that's a no brainer... I'd like to think of myself as a typical consumer and I'm very pleased with the services Amazon.com offers.

My opinion in the for what it's worth department....

Was this the bottom for Amazon in terms of stocks? Highly doubtful, but on the bright side, everything is being wiped-out across the board. So I think there will be an "equalizing effect" in so far as everybody will be taking a big hit and I think Amazon.com will survive. Maybe different... But AMZN will survive...

NOTE: I've seen some comments about "recession proof." I see a depression coming on... I've seen prices that were once high, totally retreating due to demand destruction, but still no buyers...

Online Holiday Sales Slowdown Forecast

No kidding? What "genius" do we owe the pleasure of thanking for this golden tidbit of information? Oh! Lehman Brothers... I hear there are several $$$billions of their money trapped in London. Perhaps they should shop at Harrods instead.