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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (6500)	2/25/2001 11:18:07 PM
From: 2MAR$	Respond to of 19633

Here's something ....Listings fall at Yahoo! auction - FT LONDON, Feb 26 (Reuters) - U.S. internet media company Yahoo! Inc <YHOO.O> has said it has experienced a large fall in listings on its auction service since it began charging users in January, the Financial Times reported on Monday. The decline comes as Yahoo faces pressure to diversify sources of revenue. Currently, advertising accounts for 90 percent of the portal's income. Merill Lynch calculates that Yahoo had three to four million active auctions a day worldwide, with two million in the U.S. The U.S. listings have fallen to 200,000, and will generate only a third of expected revenue. "Obviously, moving to a paid model we fully expected some of the listings would fall off the site," said Brian Fitzgerald, senior product manager with Yahoo auctions. ((Clara Ferreira-Marques, London Newsroom, tel +44 20 7542 6884, clara.ferreira-marques@reuters.com)) REUTERS

To: Roger A. Babb who wrote (6500)	2/26/2001 9:13:05 AM
From: thegreatkazoo	Read Replies (1) \| Respond to of 19633

Roger, while I agree with your read of the items on E-Bay, I think there is more to it. Disclaimer: I am not now nor ever been Long or Short ebay stock, although I have considered a long position on several occasions. While I agree that very few items on ebay are of the sort or quality that I may purchase, this seems to me to be the worlds greatest classified section. Bringing sellers and buyers together that otherwise would have no chance of meeting. I have bought several items on ebay and experienced huge savings on the items. I am not questioning why they were being sold, but was pleased to have found them. Ebay to me seems to be the greatest retailing business model there is. No inventory, just a fee for every item listed and sold. Most of the work is done by technology, so the unions can't screw with it. And commodity prices have no relationship to actual earnings. I'm not sure which auctions you visited, but may I suggest typing in your own computer model in the search area and see the action. I would also recommend that you watch the auctions during the last 5 minutes of an auction period to get a real flavor of the amounts of money changing hands. I am frankly amazed sometimes. Diamonds, coins, and the rest seem to bring considerable amounts to both sellers and ebay on an hourly basis. Just my humble opinion of course. Good luck to you Roger either way you go! I always appreciate reading your comments here. Kazoo