The basic question is this an Internet stock or a retailer
The basic question is this an Internet stock or a retailer
Investors are treating eBay as the safest stock in the Internet, ... The good news for eBay is they have a defensible monopoly and it's hard to crack that.
The sentiment is tired in terms of the Internet universe.
It's not that things are perfect, and you could argue that things are still early in the history of the Internet, ... but the business models that are built on it are more real and concrete.
The profitability of the business hasn't been any better than it has been. It is still low margins and price-competitive. The question investors should ask is if Amazon is a retailer or an Internet stock. I would argue that it is a retailer.
We haven't seen much activity on the Internet from the traditional ad agencies. They have had their head stuck in the sand,
© 2020 Inspirational Stories
© 2020 Inspirational Stories