I sent in this email in response to the article in theStreet.com (http://fnews.yahoo.com/street/98/12/23/valley_981223.html ) that appeared on OnSale (ONSL).
I am not a ONSL stock holder (neither do I own their competitors stock). But it has been my experience that whatever theStreet.com writes is just (bs)to say the least.
Worse, they may actually be paid to write this stuff by Hedge fund managers and others in shady investment circles.
Rauf
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Referring to your article "Silicon Valley: Onsale's Emaciated Margins" in theStrret.com, ( fnews.yahoo.com ) it makes me wonder as to the purpose, intention and motive behind articles like these.
Are you being paid by short sellers and hedge fund managers (like the one you mentioned in your article) to write this kind of crap?
I have read articles in theStreet.com earlier. Some of them sounded weird, others such as the one on Sun Microsystems: " Against Microsoft even the Sun sets", were a result of poor or almost no understanding in areas of business management, electronic commerce, computer hardware, software, networking and other technologies that make up Sun's (and Microsoft's) business.
Before writing about Onsale, you may do well to at least read and understand the newer technologies and inventory models that are taking shape. Cross enterprise supply chain management, electronic inventory (as opposed to physical inventory) that Onsale has started implementing among others.
But writers at theStreet.com are that dumb variety who cannot even make out a client from a server. I can bet that many of them cannot make out an ethernet card from a modem. They are those whose idea of fixing hardware and software errors is to reboot the machine and hope the problem goes away.
Their knowledge of business and management fundamentals is worse than that of even high school drop outs (this can very well be proven by having them take a business IQ test). They perhaps have nevenr seen or understand business plans, business models, marketing plan, and a bunch of things such as building supply and distribution channels, inventory management, operations management etc. that together make successful companies.
Of course I am not a stock holder in Onsale and neither did I own Sun (SUNW) stock at the time the article on appeared. I bought SUNW stock just a few days after the article appeared and It has more than doubled since then and continues its rise.
Judging by the way blank statements are made in these columns about companies without even a fundamental understanding of their business and the technology they are involved with, it makes me wonder, if either someone pays to have these articles written or the writers are plain dumb and stupid.
Perhaps, the Street.com need a QA & release control department so that trash such as this gets dumped before it gets published.
Rauf Adil |
