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


To: Dave Gore who wrote (3324)1/10/1999 2:55:00 PM
From: Sabrejet  Read Replies (2) | Respond to of 4903
 
I am short. If a Money manager is trying to play catch-up then he/she isn't worth much in my opinion. I understand the theory behind all the hoopla but you can't tell me that even if Walmart and Sears shut down and all purchasing was now done on the net that these companies should still be valued where they are!

The problem with auctions is that the number of items being sold is relatively unrelated to the number of bidders. In theory, the more bids the better the price...to a max point.

This understanding of auctions is key to seeing why these I-plays are so much different. eBay could be a disaster on the way down.

It's not if, but when.

sz