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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"

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To: marketmover who wrote (314)6/24/1999 1:41:00 AM
From: Stewart Whitman  Read Replies (1) of 1185
 
marketmover,

No, I didn't buy any. Nice one day return. Didn't see anything new in the 8K - they gave away all their cash to uBid - I was somewhat surprised at that but probably shouldn't have been.

My "no buy" decision was based on eCost not being anywhere near as developed as some of the other major computer retailers on the net in terms of # of SKUs being listed at CNet shopper:

Buy.com - 32000
eCost - 4100
Onsale - 33000
NecX - 13000
CDW - 26500
beyond.com - 60000
egghead - 30000

I looked at the catalog too (to confirm that it wasn't just a listing problem) and it didn't appear really broad. My quick subjective comparison of prices suggested that eCost was in the low to mid range area for online retailers. Catalog sales haven't been real profitable as you know. eCost/catalog sales will probably improve and I'll keep watching, but it doesn't look like my type of buy.

Regards,
Stew
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