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


To: Maxwell who wrote (3516)1/20/1999 9:34:00 AM
From: Brian H.  Read Replies (1) | Respond to of 4903
 
Maxwell,

How can you say ONSL is ahead in the retail sector. Take PCCC for one of many examples. They have been in the resale business of computers since the first IBM PC came to market. I in fact bought a full height double sided double density floppy drive from them for my parents PC back in 1985. They are still in business and we buy several million dollars of product from them each year.

Also, it was not anyone on this thread that said that this new model would cannibalize the auction side of the house, it was the CEO, and if he doesn't have a handle on the business then we have the wrong CEO.

I still feel like we are all left in the dark. Yes, the company is almost meeting revenue numbers, but they were originally suppose to have minimal losses, if I recall. Now, they are saying that we are looking for -$.97 loss with this new model. Now, I may be in the dark but that is certainly not the direction I want to be heading.

Just some thoughts. Be very cautious with this one.

Brian H.



To: Maxwell who wrote (3516)1/20/1999 3:13:00 PM
From: Doug Fowler  Read Replies (1) | Respond to of 4903
 
Question: Will Onsale have to "touch" the inventory with AtCost?

Or will they simply be order takers for the manufacturers or distributors?