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


To: Jon K. who wrote (1718)11/24/1998 7:20:00 PM
From: PAL  Read Replies (1) | Respond to of 4903
 
Consolidation starts happening among internet companies. AOL is taking over NSCP and work with SUNW, MSFT starts "dating" AMZN for E-commerce;

cbs.marketwatch.com

Long term the big players will be among others: MSFT, AOL and YHOO. Currently, ONSL has a partnership with YHOO and the latter is in competition with EBAY. I would not be surprised if YHOO will takeover ONSL within a few days for the purpose of engaging in E-commerce. Note that ONSL is not just selling close-out items, but now will make what they call "Quick-sale", i.e. one price. It also has auction for industrial. Person to person action at YHOO is powered by ONSL and it is free as compared to EBAY which charges a fee. Therefore, I don't think YHOO will be in bed with EBAY. Furthermore, ONSL is cheap by internet standard. If YHOO does not move fast to grab ONSL, the cost will be much more down the road. Such combination will allow YHOO to compete against Amazon for general merchandise.

>>"Onsale is finally getting the recognition it deserves," Horen said. "It got discovered." <<