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

To: Grant who wrote (3276)	1/8/1999 2:32:00 AM
From: SkyDart	Respond to of 4903

Holding at least a few hundred shares for the long term is smart IMO. ONSL is a definite LEADER in the auction are [the first IMO]. No reason it should not be in the hundreds soon. Good luck, Jeff

To: Grant who wrote (3276)	1/8/1999 10:28:00 AM
From: ratan lal	Read Replies (1) \| Respond to of 4903

Didn't place a bid. Was interested in a HP fax/copier/printer but the low bid was equal to retail from Staples. Not certain what all this means and still a little confused about all the interest in on line auctions. I have noticed the same thing. Most products are close to retail. Cant really price used or refurbished products. Then deal with UNKOWNS around the country to get resolution. DEALERS on auction have to pay 10% to ONSL; 1.25 to 5% to EBAY. We all know that the margin on computer equipment is no more than 10%. So how can anyone auction off NEW Computer Equipment. I guess Time and News/TV articles will break that news at some poinm in time.

To: Grant who wrote (3276)	1/8/1999 1:08:00 PM
From: T.R.	Read Replies (1) \| Respond to of 4903

FWIW.. I bid (and won) on a product a week ago. My impressions with Onsale were VERY positive. I liked the way they followed up via "email." Not only did they do what you would expect a vendor to do BUT they also followed up with additional marketing about a week later. Maybe some people would find it annoying but I was impressed that I received a short letter informing me I was selected as a "bid winner" to participate in a special purchase. Even though the items were not something I was interested, it is a VERY important marketing strategy since I am a satisfied customer. If I had not been visiting the site several times a week the message would've served as a polite reminder. The other positive was it only contained two items instead of a LONG list. Lastly, it had the urls attached so I only had to click on each item. As for EBAY, I tried to keep an open mind when a co-worker told me how he had used it. I looked at it but found it to be like a flea market. I know some people like this sort of shopping, not me. I also did not like the idea of sending money to a third party and not having a guarantee on what I was buying. It would be like looking in the classifieds of a newspaper and sending money to a blind ad. I wouldn't risk my $$$$ that way in the real world, I'm sure not going to do it in the cyber version. Just my opinion. As for the stock. I sold on it's last trip into the 70's and bought back two more positions on the last dip. IMHO I think it is on a trek upward to that region again.