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


To: Gary Wisdom who wrote (4089)4/15/1999 8:34:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 4903
 
I'm listening to the cc now. Here's some highlights so far:

the estimate changed from 28 cent loss to 27 cents due to Montgomery estimate being dropped yesterday. They see this being fixed shortly.

Auction sales in March were 8% higher in March than December (this is great)

consumer electronic auction sales flat but sporting goods 38% higher. They're also auctioning cruises now, and they are big ticket items. It has been very successful so far.

expenses grew 34% from last quarter due to new customer acquisition costs.

Traffic and page views increased significantly.

Inventory down from $10.8MM to $10.4MM in last quarter.

offering discounts and promotions on the site to ensure they are competitive (not going to lose business to competitors)

Sounds great so far. More soon.