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Wal-Mart vs Amazon. You kidding me? $WMT, $AMZN, $QQQ

OK so there is a narrative that Wal-Mart is giving battle to Amazon in on-line retailing.  Do you believe that?  Amazon is a technology company that organically develops tech driven opportunities. Wal-Mart is an old school retailer who is buying technology to compete.  While everyone buys Wal-Mart is just stumbling into on line because they are big in physical space.  Amazon actually understands what their engineers are doing. Well, relatively speaking.  The clan in Arkansas is based on trust funds and professional third parties. Just not the same drivers in play.

Wal-Mart will get a few wins because of its size. It’s perspective is still yellow happy faces and low prices. This can be beaten.

George Gutowski writes from a caveat emptor perspective.

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