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Technology Stocks : OnSale Inc.
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To: B. A. Marlow who wrote (3719)2/21/1999 12:09:00 PM
From: Jim Johnson  Read Replies (1) of 4903
 
BAM,

I agree with what both of you have been sharing regarding internet stocks. What I have been saying from the start <<customer persistency (repeat buying)>>, as stated by you, is a necessity for growth and price. My statements have been that this aspect of ONSL is on a downhill slide, thereby affecting a critical portion of the necessary formulation. I have merely been backing up my statement with factualy based information as to what the current situation is. All the performance numbers we see today, such as GP or inventory turns, are pertinent to past business, not current today business. If what I see is true, then as we speak a reduction is occuring in repeat sales and referral sales and those numbers are changing, thereby affecting what you will see and read at some later date when performance is reported.

Jim J
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