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Technology Stocks : Autobytel (ABTL) - Buy Autos online -- Ignore unavailable to you. Want to Upgrade?

To: Bill Ounce who wrote (574)	4/4/2000 3:14:00 PM
From: flyboy	Read Replies (1) \| Respond to of 594

True that the Nasdaq is highly overvalued but in realistic terms it is always better to buy low and sell high. It is quite possible that the Nasdaq will drive the share price of ABTL down...But if you short the NAS100 and go long ABTL in the drops it will be profitable. This is a company that is growing revenue at a really fast pace. MSFT is highly out of whack in price as is CSCO and other Nasdaq 100 stocks. Be real! ABTL in the next few months will outpace the Nasdaq. There is the worry that a continuing drop in the Nasdaq will result in a depression which would be bad for all stocks. MSFT is highly speculative here and quite dangerous for the world markets. The reason that there was even an antitrust lawsuit is because there was an unfair advantage and a limit to development and competition in the markets that MSFT was in. There is no way that MSFT will be able to increase margins if there is strong competition. Given the cash, breakup value, and P/E MSFT is hidiously lofty here as are many other high flyers. One must put there money where there mouth is. I do!

To: Bill Ounce who wrote (574)	8/22/2000 11:49:54 AM
From: Bill Ounce	Read Replies (1) \| Respond to of 594

ABTL quoted in Computerworld global web site article computerworld.com Global Web Sites Prove Challenging U.S. companies struggle with foreign languages, trade laws, cultural gaffes [...] Foreign labor practices are challenging, too. "In Europe, if you want to recruit people, they require a two- to three-month notice period before they can leave their company," said Joshua McCarter, vice president of international development at Autobytel.com Inc. in Irvine, Calif. Autobytel.com, which is expanding in Europe, Japan and Australia, has started a "knowledge database" about its globalization efforts "to help us avoid any of the implementation mistakes we may have made, as we go from country to country," McCarter said. Autobytel has discovered that different cultures may require radically different business models for e-commerce. Online auctions for selling cars haven't been successful in the U.S., for example. "But in Holland, people have been buying at auctions for the last 500 years, and car auctions are successful," said McCarter. [...]