May be to 12-15 in about a month, if market-bears also starts growling, no?? After all, there is no dearth of auction sites now and it seems one keeps popping up every fortnight. More over, the perl/ java/javascript source code, which allows any budding entrepreneur to set up a web auction site rapidly, is readily available these days in a pre-packaged form, isn't it? The only aces in the hand are name-visibility and a lead in increasing the complexity of software and deal-makings. But, competition is rising fast and would reduce the margins to minuscule survival levels at best. The recently changed market-sentiment won't help either, with the solid bashes other tulip-maniated internet stocks have started taking, imho.
regards to all, -/Sonny. |