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Technology Stocks : OnSale Inc.

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To: saber hormi who wrote (938)3/19/1998 12:33:00 PM
From: Mo Chips  Read Replies (1) of 4903
 
<<10 to 15 % seems little high tome
and that's not what I read in some
publication more to 5%, I'd like to
know where you got that number from.>>

I got this info from the company's
financials. Its not in there specifically,
but you can calculate it. I show you how....

Q3 is the latest filing I found online,
so these are Q397 numbers...

Net Merch Sales $24,198
Commissions $863
------------------------------
Total Revenues $25,061

Gross Merch Sales $32,301 <---from footnotes
Less Net Merch Sales $24,198
------------------------------
Agent Sales $8,103

Commission per sale $863/$8,103 = 10.7%

So, in Q397 Onsale got an average commission of 10.7%...

Mo
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