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Ubid Shareholder Speaks Out (and mentions Bidville)
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08-27-2007, 10:15 AM,
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Ubid Shareholder Speaks Out (and mentions Bidville)
Quote: Lastly what this company spends in advertising a quarter if they cut that level to zero for one quarter, they could run a Superbowl ad, which will generate awareness and users. The success of such ads from GoDaddy.com shows the potential there, again I think the ad would be best to fire a direct salvo at eBay over their fraud concerns. I dont understand the Companys plan for the Bidville asset as well. Id think that if the companys employees devoted even 5-10% of their time to working on sprucing up/improving Bidville, the UBid.com site would not suffer, but it would do wonders at Bidville and further build up that asset than allowing it to wither on the vine. Again thats a site that can benefit from the huge base of users disenfranchised with #1 eBbay and will help chip away at their market share. Engaging in strategic alternatives, should also be explored. Although at this time I not advocating a sale of the company, there are a few groups where I believe the Company operating the #2 and #3 online auction sites would fit nicely. full letter and comments: http://internet.seekingalpha.com/article/45270 |
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08-27-2007, 07:14 PM,
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Re: Ubid Shareholder Speaks Out (and mentions Bidville)
Quote:I dont understand the Companys plan for the Bidville asset as well. Since they didn't even bother to mention it in their Q2 earnings report (and their last announcement to Bidville members was September 2006) it's probably safe to say that the only plan they had when they bought the site was to acquire a large mailing list for their main Ubid site.
"Well, Jay was so giddy that someone named Jay was involved with this site we posted our first non-eBay listing in 3 years here at Lunarbid (we tried two items at Yahoo once upon a time, they bombed)" -Marie posting in a LunarBid thread at OTWA in 2005 wins the award for 'most moronic reason ever given for choosing a venue"
"thanks twat u must have nothing better 2 do. do u talk to all your members like that. will not be recomending your site. best way to put it is TULIPTOOLS.COM IS REALLY SHIT. DONT JOIN." -pubescent owner of rinky dink off2auction.com in 2011 |
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