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Technology Stocks : OnSale Inc.

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To: PAL who wrote (2928)12/30/1998 12:11:00 AM
From: Jim Duffett  Read Replies (1) of 4903
 
I think you are a bit off base with your shipping concern.

The only genuine concerns I have seen voiced involve items shipped by 3rd parties. Items shipped by Onsale have been quite reasonable for quite some time, as Onsale had previously addressed exactly this issue. For anyone concerned, they disclose the fees when you bid and even provide a link to UPS to verify that they are not hosing you.

As for frightening away customers, I'd have to say that a 77% sustained rate of sales to repeat customers speaks VOLUMES. For God's sake, COOL just bragged about 53% in their 10-Q.

Today's news releases were irrelevant as to the stock price in todays market. The first dealt with an obscure (important to Onsale, but incomprehensible to all the idiot day traders moving this stock right now)for tracking the effectiveness of advertising buys. Frankly this quarter I have seen the least amount of advertising yet along with very few give-aways which should help margins somewhat.

The second press release was a joke, and was not provided by Onsale.
There has BEEN a XEROX showcase sponsored by Telecom inc. for quite some time. They did manage to double their stock on it though.
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