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Technology Stocks : OnSale Inc.

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To: Jim Duffett who wrote (3470)1/19/1999 9:35:00 AM
From: Apache Indian  Read Replies (2) of 4903
 
Yes, Susan was right on many counts.

#1. Not enough refurbished goods avaliable
#2. resulting in lower sales growth
#3. margins declining from 10,9,8,7.5
#4. moving away from auction to fixed cost since auction aint working

but I dont think we owe her an apology, sure they know more than many of us, since they have time and resources to interview the top management, doesnt change the fact that thestreet.com is a front that manipulates stocks to their own advantange.

having said that, I'm not here to fight the forces, simply use them to our advantage, and make money. Should be an interesting day for Onsale. dont know how people might react to all this news. kindof a mixed bag.
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