Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Big who wrote (77415)	6/1/1999 12:23:00 PM
From: taffard	Read Replies (2) of 119973

AWEB should be good motleyfool " Online automotive purchasing services firm Autobytel.com (Nasdaq: ABTL) put the pedal to the metal and streaked ahead $7 3/8 to $23 1/8 after saying purchasing requests generated by its website are resulting in over $24 million in daily sales for the 2,700 car dealers in its network. While the statistics illustrate the viability of selling cars on the Internet, the direct benefit to Autobytel.com is muted by the company's business plan, which centers on fees paid by members of its dealer network under five-year marketing agreements. On the other hand, rival Autoweb.com (Nasdaq: AWEB) receives payments from its dealers for each "qualified purchase inquiry" from buyers generated through its site, suggesting an increase in the popularity of online car shopping has a much greater chance of being reflected in a corresponding uptick in Autoweb's bottom line.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next