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 - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?

To: tiquer who wrote (68)	9/16/1998 9:16:00 PM
From: Scott Moore	Read Replies (2) \| Respond to of 7772

Why? I have had more unpleasant experiences with ONSL purchases than eBay, and I have 5 times as many transactions on eBay. It is pretty obvious these analysts aren't end users, so what makes them qualified to evaluate what they haven't even used. As mentioned earlier, I think YHOO's classified right now are weak. EBay continues to surpass Surplus.com, Haggle.com and the rest. My perception is unless ONSL/YHOO can significantly dent eBay business in the first 90 days, then this YHOO venture is toast. Listen, ONSL has gouged ever single user every day on shipping charges plus sales tax for CA buyers. The YHOO/ONSL auction initially must use the same vendors as ONSL is partnering with now to get the ball rolling. Now that will hurt ONSL's current auctions due to over saturation of the same product by the same small companies. If mom and pop don't show a heavy presence early then the same fizzle mentioned above occurs. As you can see, I am real skeptical that this YHOO thing will hurt eBay. Now Haggle and Egghead's Surplus.com could be snuffed though, because they are the smaller players. BTW, your warning is like a deja vue of the warnings given on AMZN and YHOO about 2 years ago. Reality is none of us on this thread will have the opportunity to buy eBay at the initial price and if you can't get a reasonable price within the first 15 minutes, you might as well wait 4 weeks until the entire float has had a chance to trade at least once and the initial coverages start to come out (usually 3 to 4 weeks on IPo's). But thanks for your concern. Scott