To: Yaacov who wrote (25802 ) 4/6/2000 6:18:00 PM From: Sonny McWilliams Read Replies (1) | Respond to of 27012
Hello Yaacov. Now I have a question for you on QXLC. , Do you remember us discussing buying and selling cpts on the internet in Europe about 2 yrs ago? We were talking about Dell at that time. You did not think that Europe would catch on to buying and selling on the internet. Here comes this question about QXLC. Do you remember an unknown analyst called Henry Blodgett, who is now with ML? gg. His status to internet fame came when he said that AMZN would go to 600. It did but has since fallen back. Anyhow. Here is this Cowen analyst in the UK plugging QXLC with a target price of 1000. The stock, as you probably know, split 3 for 1 this morning when it was about 60 and went up over 30 points after the split. The reason this Cowen analyst gave for his target of 1000, 1/3 of that after the split, is what EBAY is worth over here and he thinks that QXLC could be worth the same thing down the road. Now if cpts took a while to sell on the net in Europe, what faith would you put in an auction company? My wife does not think that Europeans are as enchanted with online auctions as we Americans are over here. I have not auctioned or bought anything on auction yet. One of my daughter's is into that. This CEO of QXLC, who worked for AOL in Europe before he became CEO of this company, came on TV this evening and didn't see anything wrong with that stock price target this Cowen analyst gave his stock. When asked about competition from EBAY over there, he just casually said that just because EBAY is working out over here, does not mean that they will have success in Europe. I almost bought QXLC today as a gamble but decided against it. Have you heard anything that crazy before? I believe this company is still pretty darn small. And I owned a cpl of small auction stocks over here, like Onsale and the like and got out before I got killed. gg. Ever heard of this company and what are your thoughts? No wonder the internet is called crazy by some. Anything seems to go, even still today. gg. This stock is still being bought in after market hours. I hope I am not adding more to it by posting this question to you. Here is a link. I just noticed it. Have not even read it myself yet.siliconinvestor.com No wonder Dell went down. Someone needed money to buy the above company. gg. Sonny