There are interesting rumors floating around that Wal-Mart is building the mother of all e-commerce sites. If you’re not interested in that, you should still read the article, just for a classic example of analyst stupidity that is buried within. I’ll ruin the surprise by providing the text of the quote here, from a (no doubt well paid) Forrester analyst: “Can Wal-Mart be the Amazon.com of the Web? The key to their success lies in their execution.” In case this analyst didn’t notice, Amazon.com is the Amazon.com of the Web.
There are interesting rumors floating around that Wal-Mart is building the mother of all e-commerce sites. If you’re not interested in that, you should still read the article, just for a classic example of analyst stupidity that is buried within. I’ll ruin the surprise by providing the text of the quote here, from a (no doubt well paid) Forrester analyst: “Can Wal-Mart be the Amazon.com of the Web? The key to their success lies in their execution.” In case this analyst didn’t notice, Amazon.com is the Amazon.com of the Web.
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