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: Colin Cody who wrote (2929)	12/30/1998 12:45:00 AM
From: PAL	Read Replies (1) \| Respond to of 4903

Colin, the name of the game right nowe is not to maximize profit. We have gone far from Adam Smith era. The name of the game now is to maximize shareholders value. Look at AMZN, practically losing money for every book they sell, they are not maximizing profit, but build market share. They advertise, they promote constantly. The result is maximizing shareholder value. Maybe that is the problem with ONSL, try to maximize profit and not shareholders'. Nike tried to maximize profit as well by employing child labor in Asia. The day the publicity came out, the stock took a dive. ONSL is in its infancy. Wall Street do not expect internuts making money right away. Market share, good management, lower price through e-commerce as compared to traditional stores. Please keep us abreast with your TA. We do appreciate your input. You have to both fundamentals and TA (except what are fundamentals for internuts huh? LOL)