REAMOND
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posted on July 24, 2001 09:54:30 PM new
In exchange for a $100 million cash injection from AOL, a clause allows a buy out protocol of Amazon by AOL.
This could be the competition eBay needs.
http://news.cnet.com/news/0-1007-200-6664321.html?tag=mn_hd
[ edited by REAMOND on Jul 24, 2001 09:55 PM ]
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deco100
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posted on July 25, 2001 04:45:13 AM new
I don't know what to make of that. AOL is already in bed with ebay. Sounds like more stores. Will everything eventually be stores instead of auctions? And they naturally will all go for the big guys.
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uaru
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posted on July 25, 2001 12:02:51 PM new
I've always wondered why AOL didn't enter the online auction arena. Perhaps this is a baby step in that direction. IF AOL decides the market is profitable then eBay will have competition like it has never seen before.
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jfpnatl
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posted on July 25, 2001 12:30:05 PM new
AOL is financially strong, and could give e bay a run for their money should decided to do just that. AOL (time-waner) is ruthless and highly competitive, They wouldn't really care about the current relationships they have with e bay now, all the see is the bottom line $$$$$$$$. Ted fired Jane since she isn't his bed partner anymore ; )
They could give us all what we've been waiting on. I cant see AOL being any better than e bay is now. At least they will keep them in check and honest, which isn't the case now. They do as they want now, no matter what the consequences maybe to whomever they do it too!!
I cant wait for the day when e bay isn't the only ball game in town!!
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Empires
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posted on July 25, 2001 12:46:51 PM new
AOL and Time Warner certainly don't need my money. Don't like the power either of them have. Don't think AOL is buying out Amazon but only spending some money. Let's hope that's it only..
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hwahwahwahwa
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posted on July 25, 2001 01:09:11 PM new
aol has (had) a member auction before ebay comes along but was never a big deal.
then ebay paid aol 200 million to co-brand ebay site,kind of like hush money.
looks like shops is the trend of the future,not auction.
there will always be auction for item which are worth auctioning.
all this points to the fact that ebay will have a lot of work to do to have better layout and design for it shops,same goes for amzn.
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REAMOND
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posted on July 25, 2001 02:51:33 PM new
I think the shops is what AOL is after at Amazon. Small seller auctions are a very limited revenue source as eBay has found out.
AOL is looking at eBay's foray into enticing huge retailers into the Half com and Storefront venues. If eBay is successful, AOL will have to compete or deal with eBay for online shopping venues.
Another article says that AOL wants Amazon customer ID technology for purchases and individual marketing - put this points to online shops too.
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dman3
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posted on July 25, 2001 03:07:11 PM new
Actually ebay and aol too are partners and if any of you have really been watching things you all know AOL Time warner is in big money trouble Time warners is a drain on AOL to the tune of a 2 billion dollar loss last year and already only in to the second quarter of this year they are look at near 1 billion in losses for this year and I have read AOL is already talking of spinning time warner off to ease the burdon.
The fact that AOL has some clause in an agreement with Amazon shows me They are looking to help ease competition on the new Ebay stores.
if ebay pushes both ebay and amazon they will these companies will start to share there buyer and sellers.
maybe in the end AOL will but up amazone and shut down the amazon stores keep the books music and video side of the business and work out away to link ebay and half.com to it.
http://www.Dman-N-Company.com
Email [email protected]
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mballai
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posted on July 25, 2001 06:31:29 PM new
If it wasn't for Netscape, I'd really have nothing I'd want from AOL. I hope they don't poison Amazon. It's amazing to see the vitality of a business that keeps going even though it doesn't turn a profit but keeps everyone else on their toes.
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NothingYouNeed
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posted on July 25, 2001 07:45:36 PM new
AOL is proof that bigger is not better. Everything AOL touches turns into syrupy toned-down strictly non-controversial pablum for the masses. AOL would turn Amazon, or eBay for that matter, into an unrecognizable blob in the AOL "channels" where middle-of-the-road rules.
Ebay jumped in bed with AOL a relatively long time ago and I suspect that now eBay is more important to AOL than AOL is to eBay.
I for one just wish AOL's sickening pea green "Home and Garden" banner would stop popping up on my eBay page making it look like I am in AOL.
Gerald
"Oh but it's so hard to live by the rules/I never could and still never do."
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