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-- that -- got two big tech stories for you today and Jonathan -- from BGR dot com is here to weigh on both of them.
None of the welcome back to -- -- we've got to start with -- stocks look -- OK this morning had a pretty nice debut.
Is -- the real -- I mean we don't know already -- long term you don't know what's gonna happen the problem with Groupon.
-- they have an event that anything.
-- a great database of people they can market to but.
No they didn't make a new technology they invent something that people can copy so there are copiers and that's Amazon -- school.
You know people like that's it's a very very hard to compete long term.
-- And the that -- -- have -- not have been anything ever -- initially in symington or they did just get a bunch of services say you could buy stuff from us -- -- kind of change the game maybe.
Affected -- part of selling online.
Groupon again I don't think has gone that far and the brains not -- critical mass where it's like -- you can't copy of that you know.
So the stock had that have a pretty good debuted here but there's also been some credit criticism some insiders sold a big chunk of stock.
The accounting issues I think still haunt them the wild variations on what the company should be worth.
You know you talk about waiting long term you think maybe we we may start to hear something soon once they start to report earnings particularly.
If they have to fall Wall Street or you know metrics instead of their own made up system.
Well I mean right now I don't -- not you know they're not profitable and they're changing their entire business model to basically cut down on marketing to make themselves profitable.
-- -- that costs they're stock's gonna suffer.
So you wouldn't touch.
I personally don't know but I I would I mean I would like to start prayers on college if they -- -- now not not not at this price.
At this price.
Neither people who think they're gonna be able to make money on this I mean the two key players they've they've essentially cash that had been on right -- the F.
Yeah I believe so I mean again long term we don't know it's about flipping -- back to cutting down on marketing.
But again they have to sell to these merchants every day I mean they're outselling that's their whole business model that's really tough business model.
It's a tough business model but I have a girlfriend whose business was nearly destroyed by group on.
Because they took out huge profit margins for people in her category there's some people out there -- will be applauding the fact that this company is not doing well.
Monetary what -- that's called creative destruction.
And I talk about creative destruction let's talk about Barnes and -- attractive five years ago it was the number one company you know in its category -- it's really.
Clinging clinging by it's been announced they've got a good look in the tablet they do today I -- is that the answer.
I mean it's it's going right up against Amazon it's supposed to call in knit -- what.
It's two times better than the Nook Color which came out last year.
It's faster but again it's not gonna offer a lot of things Amazon does which is that entire ecosystem of -- new music movies.
You know apps it's it's a different type of of animal.
Gerri Willis says every device and in the -- That have a lot of you -- have a lot of it and you have individual cases one that's -- -- -- you know you don't like to go go begging they all have their own little comfort zone of their own you agree with Jonathan.
Well I do but I think you get put a little more strongly than looks going nowhere and I mean fast at you know like the Kindle owns its category it's been forced to share with iPad right now.
I access my Kindle books on the iPad as well.
Why do you need another player in this category I have no idea.
And it's also fifty dollars more than Amazon Kindle fire that's -- -- -- it's more expensive as well.
I'm I'm on -- web page right now what are they trying to become because they're now selling electronics they're selling obviously the dvds but toys and games are they trying to.
To morph into some kind of Amazon.com.
I mean that's the playwright but they don't have that back up they don't have the whole cloud service offering.
The new -- tablets supposed to come with.
Netflix -- then who -- plus pandora backs their play but it's not gonna be big enough.
You know the -- -- -- we're getting back to where we weren't in the 1990s when everyone talked about the fall brick and mortar in but maybe it was an inevitable but it just wasn't gonna happen overnight do you feel like we're almost back to that point now.
I mean it and I mean I think it's really interesting in terms of what's being -- on against Amazon apple.
-- number really isn't doing it bars -- -- -- -- trouble now all of a sudden just overnight Best Buy it seems to be like it's in the little trouble just filth like maybe.
Those dire predictions about brick and mortar maybe they were premature but they obviously that's -- legitimacy to them.
Well I think that's a natural evolution.
You know maybe brick and mortar -- -- -- -- but those brands also exist.
And I think Amazon -- is really -- and having a locker.
So you place an order on line.
-- locker were something shifty go pick it up with no hassle or even Apple's new model which you can order online and within twelve minutes -- pick up in the store.
That's -- -- as well.
And -- bush -- haven't this being -- little little bitty.
-- -- depository is I don't know that that's the sort of things that these guys thought they would be ten years ago.
Well not just a little one little people -- -- this the big companies did.
They're not gallon that's -- really appreciate by the way loved watching that ought to minutes that is yes home -- listening to Rick --
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