Autoweb IPO 3/22/99 AWEB Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Autoweb IPO 3/22/99 AWEB

AWEB 0.000400

0.0%

Oct 18 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: grogger who wrote (619)	8/10/1999 1:53:00 PM
From: Marty R	Read Replies (1) of 696

RE: Think GM's internet strategy will hurt this stock? Could you provide the details of the what GM's saying regarding this? Just an off the cuff response would be, I doubt it would have a major effect. GM would push only their product. Seems to me that most potential buyers would be interested in more choices. Plus, I would assume, they'd offer primarily newer models. So I doubt that you'd see any used autos on a GM site. Besides they've got an awful lot invested in their dealerships. They won't want to completely undermine those people, who, I think, are their bread-and-butter for revenue for the foreseeable future. Finally, I'd offer an analogy to my recent price shopping for Digital camcorders. After shopping a few online camera dealers I visited Sony's sight. The prices that they listed (what few they did) were much higher than those quoted at the online dealers. But, I agree with you that it seems that it can't get a whole lot worse. The market is only reacting to bad news right now. Good news seems to be mainly ignored. Hopefully the market will find a bottom soon. marty

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next