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Technology Stocks : SHRP: The Sharper Image, Profitable making $ on Internet!
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To: Cleo who wrote (177)1/18/1999 10:59:00 PM
From: Myron McCrensky  Read Replies (1) of 353
 
I don't have a clue.

The bloom could fall off the Internet Rose, and it could drop to 7. There are a number of auction sites out there now, and only e-bay and a few of the other high profile ones have shown substantial gains. Egghead.com, for example, has the third busiest auction site - yet EGGS stock performance has been little different than SHRP.

Also, from the press release, SHRP will be auctioning items from its catalogue inventory - presumably slow movers and odd items. Who knows what the demand for these items may be - possibly not much. I mean, how many people actually need an electric tounge scrapper?

On the other hand, the swift move upwards last week is encouraging. It has twice moved into the low to mid 20's since Thanksgiving - and, hopefully, will do so again. I am thinking, though, that there needs to be something more substantial in the works than opening up an auction site for SHRP to show sustained appreciation.
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