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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Pete Ryley who wrote (6299)1/21/1999 5:34:00 PM
From: DavidD   of 18998
 
It was a giant reality check when Onsale said their long term financial projections included net margins of less than 4% on CNBC today. Compare that to software companies like MSFT, whose margins are 40%!

It is now quite clear that these companies will never be cash cows like software companies. Only the brain-dead small e-investor can keep on-line auction share prices up now.

I thank MP for his little pick of BII, I bought and sold and made a teeny weenie $2,200 bucks on 2000 shares.
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