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Re: [sharechat] internet shares nz


From: "hugh webber" <hugh.webber@clear.net.nz>
Date: Thu, 13 Jan 2000 22:15:15 +1300


Nice one Phil, internet companies making profits are as scarce as hen's
teeth. 
On a more serious note there's a very good article in the Economist of Dec
18 - 30th 1999 on page 117
titled 'Ill Prepared Online Retailers' which is the stuff of nightmares. It
points out that this area has concentrated on setting up the website and
marketing and everything else has gone to blazes, absolutely no planning or
co-ordination and it will take years to sort out.
People buying goods quite often find they're out of stock, they never
arrive, they get charged twice or more, they get stuff they didn't order
and when they complain it is suggested they auction it off on the web.
I think I'll stick to Sausage Software and give the E-com part of the
internet stocks a miss. 


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