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Subject: Re: eBay = ASSHOLE MAGNET???
From: C.D. Damron
Date: Thu Sep 28 00:17:31 2000
 
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eBay has reported positive net income in the first and second quarter of
this year and is very likely to report positive income in the third quarter,
as well.

Of course, I think eBay is priced about right at its current $65 a share
instead of the inflated share price of $125 seen last year.

Unlike Amazon.com, which is burdened by a large inventory and slim margins,
eBay has little in common with other dot-coms.

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Bernie the Bunion wrote in message
<280920001107559121%bernie@the_bunion.com>...
>What's also funny is that after all the tens or hundreds of millions of
>dollars that investors have poured into E-Bay over the past few years
>it has yet to turn a profit. Other large companies like Amazon.com
>are in the same situation.
>
>For the heck of it I was in there the other day looking for raw gold
>and gold coins and as I recall the E-Bay site claimed to have millions
>of current listings.
>
>Millions of listings - millions of sales - and still losing money.
>
>What chance does anyone else have for trying to make money with their
>little cyber site out there in cyber space.
>
>HEY ROSS - AND EVERYONE ELSE
>
>Here's an interesting little thought - tell me what you think
>
>In my opinion many of the successful sites will be small sites kinda
>like mom and pop sites run by people who put their time into it but
>very little money.
>
>WHAT DO YOU THINK....???
>
>Look at Old Ogre and Jordan as examples - Why would they put money into
>listing or advertising on Trade a Plane for example when they can come
>to this group and do it for free. And if they wished to keep their
>costs down to the bare bone they could put up a free website on
>something like Geocities or similar.
>
>Would someone like Kirby at Airwarbirds.com be inclined to spend money
>in traditional publications when he gets a decent response from the
>aviation newsgroups like this one.....
>
>Kirby did try selling a few jets on E-Bay but I think he had a poor
>response and gave up on the idea... He reads groups like this so I'm
>sure he will jump in with a comment.
>
>Any small operators here been giving E-Bay a try...??? If so would you
>consider making a post and letting us know what your success rate is.
>
>WAS IT OR IS IT WORTH THE EFFORT...???
>
>Of course your always going to have the big sites but how many of us
>will ever seriously surf the McDonalds of Wendy's sites - and if you
>have, then please tell us what sort of relevant information did you
>find. Perhaps the current prices on a big Mac in Lima Peru or Wendys
>newest location in Botswana???
>
>Can you imagine every McDonalds outlet in the world having their own
>website....... kind of a scary thought.
>
>And yet if you owned a burger barn or gag and puke in the middle of
>nowhere why you can make yourself look just as good on the web as
>the big boys.
>
>That's one of the interesting things about the web - It's the great
>equalizer.
>
>This may be a bit rambly so feel free to trim it down if your replying.
>
>Bernie the Bunion
>
>> Ross Carlisle <rrcarl@concentric.net> wrote:
>
>> I know a guy that sells wakeboards and snowboards on ebay. He loves it
>> because the morons the seem to buy from ebay end up paying more than
>> retail...they think they are getting a deal though...because its an
auction
>> site. Ive never seem a decent deal on ebay...It's a joke....
>>
>> Ross
>>



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