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...think we may have horribly misinvested our money in the past decade, pouring it into research and development for Intel and Microsoft and Amazon. When I was a kid and we went through a boom, people put their money in cocaine and models and German cars. I don't think it helped, but it made for better conversation than going on about the price you bought Yahoo...

Author: /time Magazine | Title: How I Will Save the Economy | 4/9/2001 | See Source »

JEFF BEZOS SEC probes Amazon stock dump. Should've just sold the whole company on eBay

Author: /time Magazine | Title: Notebook: Mar. 19, 2001 | 3/19/2001 | See Source »

...Amazon, whose stock popped Monday on the news, would get a big business partner with unparalleled reach who knows a thing or two about selling goods cheaply and still turning a profit - as well as a built-in "bricks" component to their business on somebody else's dime. Wal-Mart, meanwhile, would appear to be interested in kicking their in-house efficiencies up a notch, perhaps adding an Internet component to an inventory system that is still largely self-contained and based on electronics...

Author: /time Magazine | Title: Amazon and Wal-Mart: Now, That's What We Call Clicks 'n' Bricks! | 3/5/2001 | See Source »

...Amazon, having posted a loss in each of its five years in existence, may not know much about making money, but Bezos has promised investors a "pro-forma" profit (excluding debt payments and the like) by the end of 2001. No one doubts his company's skill at the e-tailing game - it's the game itself that has the shaky business model - and by now, Bezos must have learned pretty much all there is to know about how to squeeze every available penny to the utmost...

Author: /time Magazine | Title: Amazon and Wal-Mart: Now, That's What We Call Clicks 'n' Bricks! | 3/5/2001 | See Source »

...fact, we may be getting an early look at Amazon's next expansionist venture. Maybe it was meant to be a consulting business all along...

Author: /time Magazine | Title: Amazon and Wal-Mart: Now, That's What We Call Clicks 'n' Bricks! | 3/5/2001 | See Source »

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