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re: [sharechat] tech stocks


From: Mike Hudson <MHudson@placemakers.co.nz>
Date: Thu, 9 Nov 2000 09:01:28 +1300


Peter wrote

"In the building supply industry Carters is on-line while their main
competitor PlaceMakers does not seem to have a website. Does this make CAH a
better buy than FLB if this is the way that business is going to be done in
the future."

Peter, how could you say such a thing! Try  www.placemakers.co.nz
<http://www.PlaceMakers.co.nz>   But you are right  Carters beat us to the
punch on this one and dare I say it their website is better than ours in
that it links to their product data base which ours does not at this time.
Our e-commerce development has been prioritised around internal networking
and B2B solutions with our suppliers and it is paying off in terms of
improved efficiencies.

However we also have a team working on our internet strategy which for
obvious reasons I can't disclose but I will guarantee that when it comes to
fruition it will blow the socks of the competition particularly in the area
of the relationships with our trade customers who are our bread and butter. 

We are talking about an investment of several million dollars here so we
need to make sure that we get it right even if it means taking a little
longer.

Hope this puts your mind at rest. Hang on to those FLBs

Cheers
Mike H 

Mike  



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