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Technology Stocks : OnSale Inc.
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To: William Vu who wrote (922)3/17/1998 11:21:00 PM
From: StaggerLee  Read Replies (1) of 4903
 
>>because, as a rule, online auction companies such as ONSALE or EBAY do not take titles of products but work like brokers that bring buyers and sellers together, and earn a percentage fee (from 1% to 5%, depending on price).

For the record, this is changing rapidly at ONSL, where the company is purchasing stock for resale and exposing itself to all of the related costs and risks.

But I'm sure the drunk guy on the loading dock is working for free, right Mo Chips? <g>
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