SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : OnSale Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike da bear who wrote (1673)11/20/1998 8:03:00 AM
From: LastShadow   of 4903
 
Just a few thoughts

I don't mean to intrude on your worthy thread here, but I have followed it for some time. The future stock price of a company like ONSL is not based on whether the current product offering or earnings/sales/etc. are improving. AMZN won't be profitable for 5 years, if then. YHOO and LCOS and XCIT did not move up in price because there is a lot of money in search engines, per se. EBAY and MALL (UBID's 80% owner) are not rocketing because there is a perceived value in the profitability of online auctions of new or used products. GNET (SI's owner) did not gap and proceed up because the forward earnings statement was just good.

It is the business model that funds/traders/investors are buying. The leverageble capability to generate sustainable growth and value in the coming years. It is the potential to be an integral member of the internet community and the creation and growth of a consumer base - regardless of the commdodity. It is the visibility for markets, access to consumers and the draw that is important. As to what it sells now is entirely immaterial. The value is in the company's future in the paradigm of ecommerce.

lastshadow
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext