Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Wisdom who wrote (4090)	4/15/1999 9:14:00 PM
From: Gary Wisdom	Read Replies (3) \| Respond to of 4903

More CC information Lot of information so I'll summarize the key points: 1. They have a lower breakeven than competitors. Will exploit that. Most competitors working on negative margin while their margins are increasing. 2. they will aggressively defend their turf. won't get specific, but will lower prices to stay competitive. Their costs are so low, they think they can do this and still make money. Plus, increased traffic to at cost brings auction business, which is more profitable. 3. They have been advertising recently in certain markets with fantastic results and increased traffic. Will increase advertising exponentially this year. 4. Yahoo - they and Yahoo have mutually decided to terminate their joint efforts. Wasn't that profitable for onsale and not a priority. But relationship remains good and they're working on other things. 5. Softbank Japan - progressing nicely. business to business now and expanding to consumers later this month. 6. Patents - cautious on making statements, but when asked by an analyst if they should get licensing fees from others, they seemed to say yes. (great) 7. May 17 is the shareholder meeting. 8. Again, when asked by analyst about margins, said that the recent month showed increasing margins. (great) 9. Talked about advertising and coop fees but nothing specific. All in all, very positive call. None of the analysts said "great quarter" but what can you do? They are very focused on being #1 in the space, and it sounds like they mean it. BTW, they had to cut it short since they would be on cnbc tonight. Did anyone catch it? Hope I'm not the only one that thought it was good. We'll know tomorrow, I guess.