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Technology Stocks : OnSale Inc.
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To: Grant who wrote (3276)1/8/1999 1:08:00 PM
From: T.R.  Read Replies (1) of 4903
 
FWIW..

I bid (and won) on a product a week ago. My impressions with Onsale were VERY positive. I liked the way they followed up via "email." Not only did they do what you would expect a vendor to do BUT they also followed up with additional marketing about a week later.

Maybe some people would find it annoying but I was impressed that I received a short letter informing me I was selected as a "bid winner" to participate in a special purchase. Even though the items were not something I was interested, it is a VERY important marketing strategy since I am a satisfied customer. If I had not been visiting the site several times a week the message would've served as a polite reminder. The other positive was it only contained two items instead of a LONG list. Lastly, it had the urls attached so I only had to click on each item.

As for EBAY, I tried to keep an open mind when a co-worker told me how he had used it. I looked at it but found it to be like a flea market. I know some people like this sort of shopping, not me. I also did not like the idea of sending money to a third party and not having a guarantee on what I was buying. It would be like looking in the classifieds of a newspaper and sending money to a blind ad. I wouldn't risk my $$$$ that way in the real world, I'm sure not going to do it in the cyber version.

Just my opinion.

As for the stock. I sold on it's last trip into the 70's and bought back two more positions on the last dip. IMHO I think it is on a trek upward to that region again.

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