On Mon, Aug 5, 2013 at 10:12 PM, PGage <pga...@gmail.com> wrote (in part):

> As the long article linked here notes, Bezos is known for his long-term
> thinking, and does not require immediate turnaround or profit.
>

I think I've mentioned here that I am a huge Costco fan (in addition to a
shareholder). The one thing that has made me consistently nervous about
their long-term prognosis is whenever the CEO or whomever talks about their
relationship to Amazon, especially when it comes to fresh food. Costco has
consistently said they don't believe that there's a profitable way to
handle *nationwide* home delivery of grocery, especially perishables. The
problem is that Amazon has never, ever cared about profit. If Amazon
decided one day to create a national version of Peapod, they'd do it and
keep doing it, even if they were burning cash. That's where Amazon (and
Bezos) makes me (as a Costco shareholder) extremely nervous.

For the record: I do not have an Amazon Prime account, but if I moved to a
location where there were no Costcos, I would have one in a heartbeat.

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