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


To: JUDE GUZMAN who wrote (3566)1/22/1999 9:06:00 AM
From: Brian H.  Respond to of 4903
 
OT.......Looks like we are in for another brutal opening. Down 19 points on the S&P 500. Could be some very good buys in the next few days!!!!

Brian H.



To: JUDE GUZMAN who wrote (3566)1/22/1999 9:08:00 AM
From: Brian H.  Read Replies (1) | Respond to of 4903
 
OT......Lets see what happens with eBay today and next week. On January 26, the eBay lockout is up and somewhere in the neighborhood of 24 million shares will be able to be sold by initial investors and insiders that have been restricted up till this point.

Brian H.



To: JUDE GUZMAN who wrote (3566)1/24/1999 6:01:00 PM
From: JUDE GUZMAN  Read Replies (2) | Respond to of 4903
 
Found another interesting article regarding how ONSALE atCost site prices compare to the competition.

smartmoney.com

Like I said before I can't wait until atCost site starts advertising and selling items other than computers. Just think of the traffic this site will generate if they start selling items like TV's, VCR's, stereos, camcorders, appliances, cell phones, sporting goods, etc…. Lets not forget the additional revenues generated due to advertising.

“Lots of $10 fees, low cost = profit.”

ONSALE can afford to give away products at cost all day long because they are not holding any inventory. If a business were to carry inventory and sell products for at cost then it would make any investor a little leery. However, with the atCost model of not carrying and holding inventory and making a small transaction fee of $10 seems like a great idea. Given time ONSALE should prevail with this concept and start showing a profit. If I were a competitor of ONSALE I think I'd be running a little scared, wouldn't you?