Buyer Beware AWEB Business Plan Pathetic, Lots of Competition...
I don't think the measure of a business is the "day to day activity over time", (as you say), rather if the business has demand for it's service.
The fact that so many dealerships have used AWEB and bailed is a red flag that will kill you, (as an investor), IMO should you choose to ignore it.
The internet is all about "interactivity", getting what you want RIGHT NOW.
AWEB's service does not do that. You submit info and hope someone calls you. How ridiculous.
When I want a car - I go see it, feel it and touch it. RIGHT NOW. I don't submit a request to an internet page and wait for a sales geek to call me back.
AWEB is nothing but silly idea for a business, it does not benefit the consumer with a better price on a vehicle, it only sends people to dealers that are unable to figure out where a dealership can be located. I don't know many people that ignorant. And so far, many, many dealers have quit the AWEB service (high dealership turnover according to the AWEB prospecus), suggesting the service makes the dealers no money.
Some internet companies will make money. Not this one IMO - AWEB is a 5th tier internet, don't get caught holding the bag...
This stock will crater - look out below.
Cheers
Steve |
