posted on December 23, 2000 12:05:09 PM new"It isn't so!!!". Hope that helps. The way the stock market is now, anything can happen. I know one thing, if feebay does buy Yahoo, I'm hanging up my auctioneers hat. With the problems they both have, and the lack of attempts to correct any of them, I can't imagine throwing all of that into one mix master.
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[ edited by CharlieOne on Dec 23, 2000 12:08 PM ]
posted on December 23, 2000 01:22:13 PM new
I dont think its more then rumor speculation that will not come about.
This issue came up last year only the situation was turned around yahoo was buying ebay never happened.
Here is what I see from where I sit We have already been in this slow down since the third quarter of 1999 but the Economy had so much forword momentum that most were hearing but not yet feeling it so we been in this slow down over a year now.
The feds now seeing the effects of there interest rate hikes goverment is not only slow but blind they didnt see things slowing to fast till now.
Feds will decress interest rates in January when they meet if they dont hold a speacial session to do it sooner.
Stocks are as low as they are getting they are over sold now and even though they could bounce up and down till the new year they really have only one way to go at this point election doubts are over most bad earning reports are in they know interest cuts are in the works.
Gas has been dropping here in NY since late summer earily fall from there peak of $1.60 to $161 a gallon down at this point 4 to 8 cents depending where you get your gas.
Big retailers and malls here say its going to be a close one but its looking like most will be beating last years earnings by a slight margin.
Bush is looking at tax cuts I think by next year we will at the least see the marriage penalty tax Dropped giveing many more money to spend save and use, the goverment dont want this slow down going no longer then it already has either they have already covered it pretty well up till the election anyhow.
By end of febuary most in the US will be starting to feel a warm day or two and getting there smiles back as they feel the pain of heating season near an end.
These slow downs always happen not to all at once but in chunks frist the midwest felt the crunch over the summer when there gas prices went sky high. over the fall the east coast was hit with the fact that if winter was super cold the goverment could force large manufacturers to close to save fuel for homes. Now the west coast is faceing shortages and looking at incressed utilty bills and so on.
By late spring earily summer this slow down will have spaned 1 and a half years and the midwest should start to notice the pick up in the economy frist.
I dont think you will see things fly like they were But the down turn should start to end What we need to remember is that the economy is not fueled by the stock market but is mostly fuel buy consumer spending Consumers dont only spend what they can earn the key factor is the Interest rates as long as jobs are strong and they are.
when interest goes down people and companys will always spend much more then they could ever hope to earn.
Thanks for 'This week' in the economy, (or was it the last year and a half?). Peter Jennings, Dan Rather, and Tom Brokaw better look out. dman3 is in town.
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[ edited by CharlieOne on Dec 23, 2000 01:47 PM ]
posted on December 23, 2000 04:20:41 PM new
HAHA CharlieOne Well this is my take on this issue its my Opinion and not all see things the same for sure.
But these names you mention here Peter Jennings, Dan Rather, and Tom Brokaw Arent these the same guys on them news programs that called the election back in november on election day they botched that pretty good.
Arent these the same names on the day the court made the ruleing on the election that made George bush the winner of this election that couldnt wait the extra 20 to 50 mins so there reporters could study the reports to see what it actually said and get the wording and facts straight forced reported who had not even been handed the documents yet you could see the runners with the papers in there hand just comeing out as reports stood there stumbleing over wording from a 65 page document they had not even seen that held the facts from the hearings and ruleing.
If these guys cant even take the time to get the fact straight about important issue like this what would make Us want to trust them with what will be happening with our money and jobs in the next year.
With that said I am happy to say Peter Jennings, Dan Rather, and Tom Brokaw will not be spending or controling my money next year I will and they also will not be desideing if I will be working in the next year or be getting laid off and for this I am happy.
My guess is george bush like him or not will not be offering any of these guys a job
You can also be thankfull greenspan will not be calling them for advice on how far to cut interest rates.
Its not that what the Media reports isnt True its that [U]in there truth [/u] is very little honest fact.
I have been around long enough to have watched the economy since the late 60s and seen this a few times.
I work in a factory way back in may and June the factory whereI work was haveing lay off Why Full warehouses customers not takeing orders that were contracted some as far as a year back.
Today our factory work load and orders Have tripled what they were before this slow down started they are wrestleing to Higher back three times the help they laid off over late spring earily summer they are haveing a rough go of it even temp services cant get employees to them again people looking for work is starting to thin out again.
Even with all the new Hires they are looking to make there orders out through all next 7 months I was told looks like they will be needing to run full production 7 days a week most of the year to keep up.
Where I work they make plastic bottles, car part, computer parts, plastic parts for the areospace, industry computers, cell phones, TVs, medical supplys, plastic tubeing for the auto and trucking industry and much more if these areas are incressing there buying parts sales and spending has already started to go back up pretty good I would say.
not only that since August we have been working night and day to refill warehouses to bursting and cant seem to do it this means sales some where have been going up in the past three months. http://www.Dman-N-Company.com
posted on December 23, 2000 04:32:53 PM new
Editorial on the front page of the local paper Friday urged people to stay home and not shop this weekend. It said that "the 12 presents each of your kids has already is more than plenty" and that "you probably already have purchased the one thing the adult in your life wanted so no need to go out and shop more."
Went on to say that "you will thank me when your heating bill gets here..." Heating bills are expected to be double last year.
I dunno dman.
I see sales in places that NEVER have sales before Christmas. The whole city seems to be having a fire sale.
Gotcha' beat dman3, started working for a living in the 50's. Been through many ups, and downs, in all of those years. Not much different then, than it is now. From the top of the ladder, to the bottom of it.
The big change, of course, is technology. It has revolutionized everything. Has managed to make many new millionaires & billionaires, while still holding the little hard working persons down at ground level.
The worst of it is technology is so fast we predict, and sometimes, announce before events take place. Hence, the election pre-calls that were so embarrassing.
posted on December 23, 2000 05:25:27 PM new
Well VM a local news paper that depends on advertizeing $$$ to make the bulk of there money telling there readers not to go buy from the people that feed them is pretty darn silly.
Just remember in a few months when this same local paper reports there advertizeing has bottom out and they need to incress the price of the paper they caused there own slow down.
Stores here to started haveing big sales in this last week of X mas shopping there for most sales are good but last weekend in this part of the country over friday to sunday we all had flash floods most people were home standing on there roofs waiting for the ark road and major thurways were and interstates were closed from flooding no one could get into the citys to the malls and stores but my guess is the local mom and pops stores harware store and privite local companys and the local home depot did a booming business and after all no matter what season it is even at christmas time there is more then malls and department stores that need sales to stay in business sales droped cause of weather and the little guys in the home towns got there pockets lined.
I know this much I to got my pockets lined for sure my ebay auction been going nuts I mostly sell Item that are not gift like and they only sell for $2.50 to $4.50 tops each
I have been haveing $100 to $250 in sales every 2 to 4 days since thanksgiveing non stop Yahoo since may I only had three sales this month I had 5 winners in the same week.
When I say this is up turn were talking some times at the end of the month in the last year I would have only profit to pay ebay yahoo fees and ISP in a month little more then this to talk about.
This is no small task were talking no one who drives in our house and no reltive that came in was leaveing with out takeing 8 to 10 packages to the PO for us frist my wife has had a no lunch month at work spent her lunch time at the PO near where she works.
and here it is well past the X mas shopping season for mail order And bidding is still happening even more bids for me on yahoo.
posted on December 23, 2000 09:21:47 PM new
Yes, dman3, my Yahoo sales have been up this week, too (but still not anything to brag about, since I was doing almost NOTHING before). Whether sales pick up or not is IRRELEVANT if eBay buys Yahoo.
Don't you get it??? Ebay will END Yahoo Auction as we know it.
They'll either shut it down altogether (to end competition) or they'll impose stiff seller fees, which will effectively shut it down for me, since Yahoo doesn't have enough traffic and bidders for me to justify paying listing and FVFs.
If you'll read the article carefully, you'll see that the situation today is NOT AT ALL like the earlier situation when Yahoo was considering buying eBay. Yahoo's stock price is so weak, and eBay's base earnings so relatively strong (even with eBay stock way down to $28 per share), that eBay MIGHT be able to pull it off.
And that would be a DISASTER for everything we now know as Yahoo. If you think the big boys at Yahoo are unresponsive to our requests, suggestions, and complaints....then you haven't paid attention to Meg and her crew over at eBay.
VeryModern, I'm with you. I sure don't need to buy more merchandise I may not be able to sell. But I already have a house full of collectibles since I pulled out of several antiques malls, and I don't have any hopes of ever recovering my considerable investment at this point.
And we thought Yahoo's jumbled listing order was our biggest problem!!!
[ edited by granee on Dec 23, 2000 09:31 PM ]
posted on December 24, 2000 12:06:55 AM new
Yup, it would be disastrous all right. I don't think it would be a very good move for either Ebay, Yahoo, OR any of the users of either site.
posted on December 24, 2000 12:24:06 AM new
Ebay bought UP4SALE - the wonderful guaranteed free auction forever - and it just disappeared...along with my ads...
posted on December 24, 2000 06:17:22 AM new
granee
I checked out your link, and sent a link to my elder son who is a private equity trader to get his read on this. If I get an insightful response from him, I'll post it.
It would be horrible for those of us who are serious Yahoo sellers. I moved to Yahoo to escape the ever changing rules, regulations, problems, crashes, and greed of eBay.
Wishes to everyone for a Blessed Christ Day. Our Christmas Card to You at this URL:
posted on December 24, 2000 08:02:27 AM new
Well, I can't get the link to the original story to work... Did it actually say that Ebay was thinking about buying Yahoo?
If so, they would definately not have 2 auction sites. It's just a matter of how the sites would be merged.
Depending on how they do this -- if they incorporate Yahoo's flexibility, bring over some of the forward-thinking Yahoo staff, and combine the traffic of the two sites, it really could be a good deal I think.
Of course, this is a best-case secenario, and would probably not happen. More likely, Yahoo auctions would simply disappear without a trace.
posted on December 24, 2000 02:24:13 PM new
watafind- ARE YOU SERIOUS????? With no notice, or anything? I'm not familiar with that site, but I am really sorry that happened to you, and I must say that your post left a really bad taste in my mouth. ICKKK!!!!
Amal- did you see that???? I read your post and I do admire your ability to look on the bright side. "More likely, Yahoo auctions would simply disappear without a trace."- Bingo, but not the news any of us wants to hear.
Is it time to start establishing a presence at amazon.com? I recently began selling through their marketplace, and I must say that things have gone a lot better than expected there. But that is my only experience with them so far. What do you Yahoos think?
Quote from a Wall Street Journal article by Kara Swisher, Dec 18 2000 (It is an article with her predictions, so take this with a grain of salt) "At least one major Web firm- Yahoo, Amazon or Ebay- will merge or be bought in the next year." Do ya think she's onto something?
posted on December 24, 2000 03:50:12 PM new
Regarding UP4SALE - there was notice, but I left my auctions to the end because they were specialized to the site.
In other words, I could not clip & use them elsewhere because they were entered into the UP4SALE form blanks - a line at a time.
The UP4SALE staff were so wonderful. Ready to respond to problems at the drop of a hat. I had links from my webpage to them & they back to my webpage. They even put a special button next to my webpage link on UP4SALE to call attention to it.
It was a smaller auction site, but it had a following. Some of the best auction deals on the net could be found there!
I hope we do not write this about YAHOO in the future...Because it is truly a wonderful site, and folks can offer better buys because it is free!
posted on December 24, 2000 04:05:36 PM new
I really, really hope that this is not true. I don't know if this is relevant, but I just got a request to take a survey on their customer support...this in response to help I asked for and got a reply after 24 hours (guess that is better than the ususal 3 days). Anyway, part of the survey deals with comparing ebay to other auction sites that I deal with, and there are many questions about the other site!
eBay is trying to monopolize the market and doing a pretty good job of it. Wish someone would investigate their tactics ala Microsoft.
They have also revised their listing policy...getting very muddy as to whether you can even include a link to your web site in the future. They are trying to control sales of even items you haven't listed yet...at least that is my take. It seems to me, with all their recent "here are the new rules", they better quit saying I am only a venue...IMHO they are trying to be a dictatorship. They are most certainly trying to find a way to keep sellers from selling anything to our customers that wasn't listed at eBay so they can get their fee!
Ah me, what a way to end a year and start a new one...hope I wn't have to look for another new home...I like Yahoo!!!
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The way the stock market is now, anything can happen. I know one thing, if feebay does buy Yahoo, I'm hanging up my auctioneers hat. With the problems they both have, and the lack of attempts to correct any of them, I can't imagine throwing all of that into one mix master. 
