posted on January 4, 2001 07:18:58 PM new
DEAR C.E.O. OF YAHOO CORP;
AFTER TWO YEARS OF OF SENDING SEVERAL DOZENS OF SELLERS AND BUYERS TO YOUR AUCTIONS.
And also listing between my partners over 5,000 auctions at just our one location under house of star trek, and house of nascar, and startrek, and wolftrek, and melody's collectables, and shanna_sdw, we have decided that enough, was enough. you have in my business opinion of 30 years dealing with the public, have cut yourselves off from the sellers, and the buyers of yahoo auctions. TODAY, We have pulled out over 4800 auctions off your data base system. and will leave the rest that are their as a last good will gesture. I have recieved over 200 e-mails just today from sellers, and buyers, each and every one is in full agreement, that your company is not doing the right thing by the people who have stood by you when you were growing. I am on ten other auction sites right now at this time, because i knew long before this happened from inside source that you were going to pull this right after christmas. it is a slap in the face to every decent person who has done business over the internet thru your company. i am truly ashamed of the performace from yahoo, customer relations, auction list running crazy, and can message's. when you see the gap, the whole, the empty pit, the stock going down, down, down, remember this note to you,
from the owner;
house of star trek/house of nascar
melodyscollectables,shanna_sdw, wolftrek_99,
startrek,
posted on January 4, 2001 07:34:18 PM new
FYI, Timothy Koogle, Chairman and CEO of Yahoo!Inc. "earned" a salary of $296,000 and another $13,800,000 from the exercise of stock options in 1999.
The total package for 2000 isn't likely to be quite so lucrative as YHOO's stock price has plunged from a high of $250 to $25 a share, a decline of some 90 percent.
I've mentioned it in other threads, but [email protected] just might be the best place to send e-mail.
posted on January 4, 2001 07:46:41 PM new
I certainly think the fees are a very bad idea, but not because Yahoo owes us anything.
Yahoo management answers to the stockholders. The crazy thing here is that they apparently don't understand that this will completely destroy the auction site.
It's like the kid who sets up a lemonade stand, selling at 10 cents a glass. The first day, he makes two dollars. So, he thinks, tomorrow I will raise my price to 10 dollars per glass, and I will make 200 dollars.
How much money do you think he actually made on the second day?