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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce -- Ignore unavailable to you. Want to Upgrade?


To: Dave Dalry who wrote (2661)9/28/1999 12:39:00 PM
From: judge  Respond to of 2994
 
I sold rdim(byit) in late spring when householddirect came out with there test homepage.. It was a joke.. I couldn't believe they would allow anyone to view it.. The website looks much better now.. The site is also runs fairly fast...

The problem is the functionality is a joke.. You can't search on a key word.. If you select football as a topic you get a list of footballs to buy.. I would bet that byit doesn't have one paying member at its site... Also only otcbb put their press releases and other info on the front of the ecommerce web page.. that is a joke..



To: Dave Dalry who wrote (2661)9/28/1999 1:23:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 2994
 
Dave, are you kidding? You said "the days of buying clubs are over"?

I can only guess you are talking about the old fashioned clubs like Columbia Records that you ordered by mail. If that's the case I agree, but play fair here. I assume you are not talking about Costco type stores or Internet shopping clubs.

... and BYIT is planning on being in both these areas....profitable physical warehouse stores like UniMart (for those that prefer visiting actual stores) and a totally new enhanced type of Internet buying experience, which promises the very best prices with minimal fuss. The website, although no where near where it will be, already is very promising with price comparison shopping and direct pricing structure eliminating middlemen and overhead for those who want best price and fastest shopping analysis.

I understand your frustration with the stock price, but let's not lump BYIT in with something old-fashioned. They are leading edge if they pull this off.



To: Dave Dalry who wrote (2661)9/29/1999 11:18:00 AM
From: cadson  Read Replies (1) | Respond to of 2994
 
I would like to clear up the misunderstanding about what the buying clubs are about, the concept is to provide the consumer the opportunity to buy name brand merchandise at wholesale prices with the buying club taking a small percentage to handle costs associated with the purchase of the merchandise.

The mainstream buying clubs (Costco, Sams, etc..) still have middlemen, have inventory carrying costs and the majority of the products are discontinued models, overstocks and liquidation items, meaning you select from their merchandise. Internet companies have the same issue and continue to mark-up the merchandise as the profit center.

The BYIT model will allow you to purchase the merchandise and name brand you want at significant discounts. If you could save thousand of dollars a year by purchasing at these discounts level what would that be worth to you in form of a membership fee?