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 : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mo Chips who wrote (833)2/26/1998 4:48:00 PM
From: D.J.Smyth  Respond to of 4903
 
ili on the toronto exchange (internet liquidators) up $.75 today which represents about a 40% increase. they're the AOL version of Onsale. wonder if Onsale with their spot advertising will compete effectively with ILI on the AOL board. since i'm not an AOL member, what penetration does ILI have on the AOL board?



To: Mo Chips who wrote (833)4/22/1998 2:50:00 AM
From: StaggerLee  Respond to of 4903
 
>>Included in cost of sales for the quarter ended March 31, 1998 is a charge of $1.6 million related to certain unreconciled merchandise adjustments arising in the quarter as the Company continued to experience substantial growth.<<

Excuse me, but did somebody say "inventory adjustment?"

Listen to us bean counters, Mo Chips :) I told you so. That's 4% off of your gross margin. I TOLD YOU SO!

Not to mention, since they've only been handling inventory for a few months, it says a lot about their organization. This company is in disarray. We bean counters develop a sixth sense for these kinds of things, Mo :) This company is sham. They can't even reconcile their inventory to their general ledger!