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

To: D.J.Smyth who wrote (2691)	12/22/1998 1:48:00 PM
From: PJD	Read Replies (1) \| Respond to of 4903

They may mean smaller in terms of market cap. or stock price.... but to me it further illustrates the problem with the constant stream of mis-information that comes out....If I were part of ONSL management I would take the opportunity with the b to b press release to get some general facts straight with regards to ONSL's position in this space and how it relates to the competitors and who the real competitors are for that matter..

To: D.J.Smyth who wrote (2691)	12/22/1998 1:51:00 PM
From: Apache Indian	Respond to of 4903

CBS is screwed up, you think thats bad, take a load of this cbs.marketwatch.com MENLO PARK, Calif. (CBS.MW) -- Onsale should be so lucky to see investors screaming as enthusiastically in their online auctions as they were Monday in bidding up shares of the newly public Web company. bla bla bla lucky ?? newly public ??

To: D.J.Smyth who wrote (2691)	12/22/1998 4:28:00 PM
From: j_b	Read Replies (2) \| Respond to of 4903

<<ONSL's revenue for trailing twelve months was significantly more than EBAY's>> I should just develop a standard answer to post whenever this comment comes up - ONSL's revenue includes both product they own and straight commissions. eBay is commission only. Both companies report gross merchandise sales on their sites. eBay merchandise sales are around 2 1/2 times those of ONSL. You either have to compare the gross merchandise sales (where eBay is significantly higher than ONSL) or you compare just the gross margins. eBay had a $6 million margin last quarter, around 3 times as high as ONSL. It doesn't matter how you look at it, eBay is currently a bigger and more profitable operation (above the line) than ONSL. That being said, ONSL has far more growth potential than eBay (IMHO), so the gap should continue to close over the next year.