05-09-2006, 06:56 PM
The latest from Rosalind and TAG www.auctionguild.com
Quote:ebaY's stock price continues its steady decline, after posting a disappointing first
quarter earnings report. Listing numbers are way down, and Meg Whitman has
committed to stockholders that she will suck more blood from sellers to increase
profitability (look out - TAG thinks increased fees for stores and store inclusion in
search are coming). The Supreme Court is poised to rule on MercExchange's ability
to place an injunction on ebaY to stop ebaY's theft of MercExchange's patent (a
charge on which ebaY has been convicted, and has used up all appeals). If the SC
rules in MercExchange's favor, BIN will end - and one third of ebaY's sales will
disappear from the site, and/or ebaY will have to pay up for all their years of patent
theft. TAG predicts that MercExchange will then take ebaY back to court and sue
them on their violation of MercExchange's auction patent.
So, if you haven't expanded your selling to VOTE sites (venues other than ebaY) and
you still don't have a website to sell your wares, or at least to use as a hub for your
sales on multiple sites, think about it, if you plan on continuing to have a viable
business selling online.