RE: UKNM: lets all buy boo!

[Robin Edwards]

On Friday, May 05, 2000 3:38 PM, Aidan Cook [SMTP:

aidansensei [dot] co [dot] uk

]

wrote:


> I don't agree with the "why did anyone, let alone some of the worlds

> supposedly shrewdest investors, back a company that even your Grandmother

> could have predicted would be a complete flop." angle - that's too harsh,

> and I think over-ambitious (and overly-complex) implementation was the

> main problem, but there you go.


Yup, but clearly depends on how one defines a complete flop. Very few mags

were predicting this when boo.com was announced. By the time it launched,

maybe, but not when it was announced.


> Any of you other big .com's out there starting to get nervous about when

> the investors are going to stop believing in the pot o'gold? Any

> entertaining "Who's next" guesses from the list?


Anyone who's business only survives because it is propped up by a stream of

investment cash with no profitability in site needs to order a few extra

rolls of Andrex this week :o)


> Cheers (in a smug "we've-made-a-profit-since-day-one' sort of a way),


But that's because you are in a completely different line of business to an

e-tailer! You are presumably offering a service that people want, at a

price they are prepared to pay, and there's enough of a market out there

that you've managed to target.


Robin


--

Robin Edwards

Clockworx

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