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Technology Stocks : Egghead Computer (EGGS)
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To: Bald Man from Mars who wrote (2775)9/30/1998 10:06:00 AM
From: Kip518  Read Replies (2) of 8307
 
Steve Harmon on 2 of Eggs auction competitors (seems to apply to EGGS as well):

Of the 10, the only downer was Onsale (NASDAQ:ONSL), which pioneered auctioning of surplus goods on the Internet. The problem with Onsale was that bidding over and over to keep your bid active, trying to beat rivals, gets to be tiresome fairly quickly for busy people. It's entertaining the first time but sometimes you just want to buy something now and not have to keep upping the ante to stay in the bid.

Hot new IPO ebay's (NASDAQ:EBAY) model is a little more efficient, but
we wonder how long people will enjoy bidding on new and used goods in a glorified garage sale. And Yahoo-Onsale's personal auction area, which just launched a few weeks ago, already shows signs of large numbers of users.

internetnews.com
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