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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Simon who wrote (1406)1/25/1999 10:06:00 PM
From: Nelson Chang  Read Replies (2) | Respond to of 7772
 
Today (1/25) after the close, JUPITER COMMUNICATIONS reported the following:

- online auctions will yield $7.1 billion over 4 yrs

- the research firm said in a statement that online retailers need to embrace auctions as a new platform for discounts as online business-to-consumer auctions will move $3.2 billion worth of merchandise annually by 2002.

- that the interactive sales format will provide online retailers with better results in liquidating excess inventory than traditional fixed-price discounting.

- online auction buyers in the United States will grow to 6.5 million in 2002 from 1.2 million in 1998, representing 11 percent of the total online shopping population in 2002.

- online retailers that take advantage of auctions will benefit from higher repeat-visit and purchase rates and greater promotional value, said Jupiter analyst Nicole Vanderbilt in the statement.

- during this year, business-to-consumer auctions will move beyond limited technology product offerings to a more diverse product mix and the availability of merchandise such as toys and apparel will attract a more mass-market consumer to the interactive sales format.

- companies that have focused on an online auction format such as UBid Inc. (Nasdaq:UBID - news) and eBay Inc.(Nasdaq:EBAY - news) have seen their stock prices in recent months amid Internet retailing frenzy.

The news article can be found at biz.yahoo.com



To: Daniel Simon who wrote (1406)1/25/1999 10:56:00 PM
From: Minbari  Read Replies (2) | Respond to of 7772
 
I've been buying & selling collectibles on EBAY for 1-1/2 years and it's been a fun experience - and profitable, too! Also, I have bought and sold the stock and (so far) come out ahead. EBAY gets plenty of listing fees and commissions out of me for being an active user of their site...so I felt that when this stock went public that $$$ was to be had. Oh, yea momma.. Now I hope that NY fraud thing disappears. I don't believe EBAY would be held responsible anymore than an auction house would. The internet world is still a "mystery" to some folks. Well, enough said. GOOD TRADING TO ALL tomorrow! I bet there will be good earnings news..