SI
SI
discoversearch

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.
Technology Stocks : Value America (VUSA) - Another eBay? -- Ignore unavailable to you. Want to Upgrade?


To: Patricia Meaney who wrote (713)7/14/2000 10:51:17 AM
From: C.J. Allbaugh  Read Replies (1) | Respond to of 734
 
I believe they are selling under cost in many cases. I don't think they have the purchasing power of say, Sam's Club, to sell a printer cable 68% below what everyone else is selling it for. And to ship it for free adds to the loss on the bottom line. It is good for us as consumers in the short term, but I believe that it will ultimately hasten the demise of the company.

I live very near to Charlottesville, and was lucky enough to get in on the IPO and out the first day of trading. I know many people who thought they were going to get rich on this company. Most of them sold quickly. I feel for the people who have held on to this stock.

C.J.