Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Ebay in Peril? Sniping at fault.? -- Ignore unavailable to you. Want to Upgrade?

To: Urlman who wrote (60)	1/28/2003 11:26:22 PM
From: Bill Jackson	Respond to of 72

Urlman,Sounds like dumbass operation made them go broke. I am not sure if they bought the returns or made a deal with the maker to sell them and get a cut. One of the problems is the makers can always do better selling it themselves on ebay, they can fix them and they can use the parts. return buy was vulnerable as a middleman to that problem, so they end up with too high a defect ratio. Now I have over 250 + feedbacks and zero negatives. They had just under 4% of buyers give them a bad feedback. On that basis I would have 9-10 bad ones. In addition, people are kind, so their true feedback is probably 50% higher, but they received the benefit of the doubt. Now was it bad stuff or bad delivery/refunds etc? Reading the feedbacks Reading over a few of their sales they look as if they should survive on it? Not that many bad comments and their rating system seems to tell the truth about an item. Possibly the owners with money from Ebay just pissed it away and were total fools. Probably paid themselves a very fat wage as well. Here is a clue. NO Checks. NO Money Orders. NO PayPal. NO Cash. Please pay with valid U.S. bank issued MasterCard, Visa or American Express on our secure checkout site. (Billing address must be a valid U.S. address.) They lost 40% of their sales with those stupid rules. As for paypal, they probably screwed up so many times that paypal froze their account?? Bill