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Technology Stocks : OnSale Inc.

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To: D.J.Smyth who wrote (2719)	12/23/1998 10:07:00 AM
From: j_b	Read Replies (1) of 4903

<<the only way EBAY will grow is to grow commissions on X sales >> Exactly my point - that was why I said that ONSL had greater growth potential. EBAY is actually competing not only with the YHOO/ONSL auction, but with the Auction Universe worldwide auctions, run by a major newspaper chain. They are competing in the classified ad game with people that have massive experience levels with that medium. ONSL also has competition, but not anyone (except maybe EGGS) that has much of a name. They also have provided themselves with at least the opportunity for multiple revenue streams. The danger there is that they lose focus and do lots of things poorly instead of one or two things well. <<the article's implication was that UBID was larger than ONSL, and I take that would mean in both categories>> I think they were simply in error. UBID's market cap is lower and their sales are lower. <<It's possible they were including UBID's major stockholder in that comparison?>> Their parent company should not be included at all. If you include MALL, you would also have to include Softbank and others for ONSL, since they are part "owners". No, I think it was simply a slip of the tongue, er...keyboard.

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