posted on January 21, 2001 09:05:01 AM new
So you think the stockholders are starting to form up with torches and pitchforks at the gates of Castle Yahoo yet?
posted on January 21, 2001 10:00:55 AM new
I think the disgruntled sellers are doing the lynching.
Remember, Yahoo was free before the 10th.
Yahoo has lost nothing, because they were getting nothing to begin with, you are wasting your time. My free credits were used up a long time ago, so yahoo is finally seeing a profit not a loss and will continue to profit from us.=)
posted on January 21, 2001 10:17:54 AM new
rollanotherone
I think you are a little naive in your beliefs about Yahoo not making any revenue off the site before the fees. A lot of people paid for their featured and bold listings which brought them revenue that they will now be losing most of. More so, they relied heavily on the number of hits the auctions received for their advertizers. Why are companies going to advertize on a site that will not be bringing them as many hits? If Yahoo was not making any money on their auctions believe me they would have been over before they started.
posted on January 21, 2001 10:29:28 AM new
rollanotherone
Yahoo’s basic income isn’t/wasn’t/and isn’t projected to be from auctions, (i.e.) auction listings – what Yahoo has/had to sell was views to their auctions AND services, which they sold to advertisers – therefore, the massive exodus from the auctions is costing Yahoo – the less views, the less they can charge advertisers. Yahoo’s recent financial report was seriously down – AND with less and less viewers (because of their inane mistake regarding their auctions) their advertising is falling, and therefore, YES, it is costing Yahoo -
posted on January 21, 2001 10:32:51 AM newYahoo has lost nothing, because they were getting nothing to begin with
Depends on how you look at it.
What Yahoo has lost is future earnings potential.
Even though Yahoo's stock has plummeted over the past year, it's price/earnings ratio is still 70+. (For comparison, Microsoft's is about 30) That means investors believe that Yahoo has the potential to make much more money in the future than they are currently making. What Yahoo has done is trade a big chunk of those potential future earnings and traded them for a much, much smaller immediate return.
posted on January 21, 2001 11:05:45 AM new
Yahoo on the whole has nothing. When I started using Yahoo I was in for everything they had to offer: games, shopping, email, messenger, etc. I had never used shopping - couldn't see paying more for the item on line than in the store and having to pay shipping also. I stopped using games because I was always having trouble. Yahoo said it was my computer and yet it worked fine on other sites. Out of 10 tries I could access my email 2 times. How do you answer questions, mail product, etc if you can't read your emails? So I moved my email. Messenger never worked right for me and once again I was told it was my computer. Funny the other messenger I have works real well. I had a ISP that was powered by Yahoo. Not only could I barely get online, I couldn't stay online long enough to list an auction and then they decided to charge for that service also. My system finally crashed and 3 different repair shops told me that Yahoo was iffy at best. Downloading stuff from their site was not the smartest thing to do. The auctions were the final straw. Not that they were charging but the "REAL" reason behind the charges and the fact that they have NO service that is worth paying for.
I have come to believe that businesses that have nothing to offer are soon non-existant. We are seeing this with the decline of so many dotcoms that were offering ??????? The stocks may still be worth something but for how long when more and more people move away from the site for the reasons stated above and more. And the ones I have talked to are leaving for good. They are using NO Yahoo Services.
posted on January 21, 2001 11:21:38 AM new
forshoppin....
You are correct.
I was never able to acces my auctions directly, I had to go into them as seller's other auctions.
every time I tried to access through My Auctions, I got bumped off the net.
Their reply to my CS request was the same, it is your computer, or it is your ISP. but these things did not happen to me on other sites around the net, just Yahoo.
I also tried Messenger, and ended up having to reformat my hard drive.
But I now have ICQ and that works fine with no compatibility problems.
They just simply refused to believe that there could be any technical problems with their program, therefore refused to look for them.
Not the best way to run an airline.
posted on January 21, 2001 11:46:02 AM new
According to the Media Metrix info on Auction Watch, Yahoo! Auctions provided around 1.5 billion pageviews for the year 2000.
If the auction numbers drop by 90%, which I think is extremely likely, they should lose more than 1 billion page views for this year.
I don't know what kind of value to place on a pageview but it seems like they'll have to collect alot of fees to make the loss worthwhile.
Add in lost revenue from lost sellers who no longer pay to feature their auctions and I think Yahoo! has created a lose/lose situation for themselves.
