Word: sharing
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Dates: during 1990-1999
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...stock began to move too, propelling Bezos' personal wealth into the tens of millions, then into the hundreds of millions. And then, when analyst Henry Blodget, now with Merrill Lynch, said he believed Amazon was a $400-a-share company, Bezos became another Rockefeller. As of last week, his shares were worth $10.5 billion...
...introduced Amazon to a whole new stream of customers, and it caught the attention of rivals like Barnes & Noble and Borders Group, which hadn't yet moved online. Barnesandnoble.com would appear a year later--just before Amazon's initial public offering, which went off at a modest $18 a share. Never mind that the celebrated venture-capital firm Kleiner Perkins Caufield & Byers was its biggest institutional investor before the IPO. Wall Streeters were afraid of the threat posed by the giant Barnes & Noble, whose national network of bookstores looked unbeatable, prompting George Colony, president of Forrester Research, a prominent technology...
...company's relentless reinvestment in new markets in lieu of banking premature profits. Bezos' strategic analysis goes like this: customer acquisition is only going to get harder tomorrow, so you have to grab every customer you can today. For those 13 million customers translate into dominant market share. And dominant market share means the power, for instance, to strong-arm suppliers for better deals, which could lead to profitability. BMVP2000...
Many faculty members share Putnam's mindset, saying they believe--and hope--that the hype over the advent of the year 2000 has been exaggerated...
...pump (estimates vary between 2 and 6 cents a gallon) and at the car dealerships (about $200 for the extra equipment), the bulk of the outlay will be borne by oil refiners and automakers. "The car makers were actually reasonably happy with this deal," says Alexander. "They can share the burden of expense and responsibility with the refiners." The automakers' joy is inconsequential, of course, when compared with the joy of sedan drivers everywhere: At last, owners of SUVs will be brought into line with everyone else. Now if only they could be made safe enough not to crush poor...