Forum Archive Index - December 2000

["Terisa Frost" <terisa@stanfordjames.co.nz>]

Hi there,

Please email this direct to Sheldon sheldon@stanfordjames.co.nz and note
that anything that comes into my email for it will not be forwarded to him.
Thanks.

----- Original Message -----
From: hugh webber <hugh.webber@clear.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, November 30, 2000 10:10 PM
Subject: Re: [sharechat] FW: US Thanksgiving sales were hot


> thanks Ben, I'm rather interested in what economic organisation changes
> look as if they will be successful and which ones don't. I would think
that
> the new Internet sites for B2B sales which cut out the middlemen
> for products that have some quality and delivery assurance will be goers -
> but do we have any in NZ which can be invested in....
> whereas the retail Internet sellers are proving more and more unsuccessful
> because at the end of the day household consumers, particularly women,
> enjoy shopping; touching feeling, looking at the merchandise, getting
> instant
> delivery and being very social at the same time.
> I wonder to what extent the mail order operations now sell by Internet
> compared
> to catalogue? We still get catalogue's through the mail and its easier
> paging
> through and studying those than it is flogging through the Internet.
Anyone
> know
> what the effect on Sears Roebuck type sellers has been in the US, NZ &?
> There was an interesting comment that the 'bricks and mortar' businesses
> like
> Farmers, the Warehouse, Woolworths had also been bleeding red ink for
their
> Internet sales ops but were managing to conceal it in their overall
> operations.
> Do they set up their ops as say one central NZ specialty unit or is it
done
>
> branch by branch at slack times when the customers aren't pouring in?
> The earlier quote made on Sharechat was that Yahoo was still powering
> ahead in % increase (well for Thanksgiving anyway) in its Internet sales
> but what are they actually selling in tangible goods terms? Or is it all
> advertising and search fees?
>
>
> ----------
> > From: Ben Dutton <bendutton@sharechat.co.nz>
> > To: sharechat@sharechat.co.nz
> > Subject: Re: [sharechat] FW: US Thanksgiving sales were hot
> > Date: Wednesday, 29 November 2000 7:18
> >
> > Hugh - I've looked around, and it seems that Amazon, unlike some other
> U.S.
> > retailers, have not released their Thanksgiving sales figures.  However,
> > this report from Reuters seems to indicate that not all is smooth
sailing
> at
> > the Internet bellwether:
> >
> >
> > 11-28-00 11:38:56 AM Amazon trades lower after analysts advise caution
> >
> >     LOS ANGELES, Nov 28 (Reuters) - Shares of Internet retailer
> > Amazon.com (AMZN.O) slipped on Tuesday after at least three
> > Wall Street analysts put out cautious reports on the company.
> >     Amazon shares were down about 8.5 percent, or $2-3/8 to
> > $25-5/8 in morning trading on Nasdaq on brisk trading volume of
> > nearly 6 million shares. Shares of the Seattle-based company
> > have slipped steadily from their highs of $113 in December of
> > last year, amid jitters over its cash position.
> >     Amazon's stock also lost ground on Monday, as analysts
> > raised questions over its Thanksgiving weekend sales and a
> > 30-minute outage on its Web site Friday, typically one of the
> > busiest shopping days of the year. Amazon said the outage was
> > not related to the spike in holiday traffic.
> >     Brokerage SG Cowen said fourth quarter sales data so far
> > have not been clear. It cited a more difficult environment for
> > consumer disposable income, less online advertising spending
> > and greater competition from traditional retailers, Wal-Mart
> > Stores Inc. (WMT.N) and Target Corp. (TGT.N).
> >     The last three months of the year are critical for Amazon, and
> > other retailers, due to the bulk of sales occurring during the
> > holiday season.
> >     Tom Courtney, analyst with Banc of America Securities,
> > issued a report saying he believed Amazon's growth rate would
> > slow considerably in 2001.
> >     "We maintain our rating of Market Performer and would avoid
> > the stock. Although it may have one last run going into the
> > holiday period, we believe that Amazon has several red flags
> > that demand investor attention," he said.
> >     Meanwhile, Dain Rauscher Wessels in a report offered a more
> > positive outlook and raised its fourth quarter sales estimates to
> > $1.04 billion from $989 million. It kept its buy rating and a $50
> > price target, but advised that high shipping costs could be a
> > concern for Amazon.
> >
> > Best Regards
> >
> > Benjamin Dutton
> >
> > ----- Original Message -----
> > From: "hugh webber" <hugh.webber@clear.net.nz>
> > To: <sharechat@sharechat.co.nz>
> > Sent: Tuesday, November 28, 2000 9:43 PM
> > Subject: Re: [sharechat] FW: US Thanksgiving sales were hot
> >
> >
> > > how did sales at Amazon.com go?
> > >
> > > ----------
> > > > From: Wedde, John <john.wedde@cit.ac.nz>
> > > > To: 'Sharechat@sharechat.co.nz'
> > > > Subject: [sharechat] FW: US Thanksgiving sales were hot
> > > > Date: Monday, 27 November 2000 10:49
> > > >
> > > > I know that one fine day does not a summer make but check out this
> > report
> > > > from the USA.
> > > > All you cynics note the mention of Yahoo. Etail will see its day.
> Make
> > no
> > > > mistake about this!!
> > > >
> > > >
> > > >
> > > > The US shopping season gets underway at Thanksgiving.  This data is
> > > closely
> > > > analysed as it is the 8th largest shopping day of the year.  All
> > > indications
> > > > are that shopping was brisk and above expectations; sales value up
> 4.6%
> > > on
> > > > last year (expectations were for a 4% rise).  However, price
> incentive
> > > were
> > > > seen to be required to draw crowds.  It is estimated that 67 million
> > > people
> > > > headed to shopping malls.
> > > >
> > > > Wal-Mart had its best day ever, sales at Yahoo (for those that could
> not
> > > > stand the crowds) doubled last years. Visa processed 3032
> transactions
> > > per
> > > > second (10,915200 in the hour) in the peak shopping hour of 2pm to
> 3pm,
> > > 13%
> > > > higher than last year.
> > > >
> > > > So, the US consumer has not given up yet but is not as aggressive as
> > > he/she
> > > > was last year when sales were 6.2% higher than the previous year.
> > > >
> > > > This data should support US equity prices, particularly those of
> > > retailers
> > > > and Etailers.
> > > >
> > > >
> > > >
> ######################################################################
> > > > This e-mail message has been scanned and cleared by MailMarshal
> > > >
> > > >
> ######################################################################
> > > >
> > > >
> > >
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