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Technology Stocks : QXL.Com (QXLC) - euro ebay?

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To: Dekoot who wrote (151)11/10/1999 8:06:00 AM
From: donkeyman  Read Replies (1) of 306
 
QXL quarterly report - from what I understand eBay makes most of their money in the USA on commissions (3 or 4%) from customer-to-customer auction and no doubt the same will be true for QXL.com. On page 6 of QXL.COM's 15-page quarterly report, I was shocked to learn QXL "does not currently charge a commission for merchandise successfully sold between members, we intend to introduce such a charge at the end of this calendar year". When those huge commission dollars kicks in, we should see a profit. Remember eBay was one of the first to show a profit among the big USA Internet players. Welcome onboard Dekoot, looks like EURO-EBAY is a good long term stock, what do you think.!! --Did you notice QXLC shareholders did not sell on News Yesterday like most companies, instead it took the biggest rise ever, their shares have to dodge down a couple of bucks sooner or latter don't they.???. I still say very, very, few in the USA and Canada know about this stock, their volume did pick up over 100,000 yesterday on the NASDAQ a good sign.!!
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