The whole purpose of buying Chilton is NOT to
make profit from the manual, but to give it away FREE
on the ABTL web site. Just imagine the volume of
traffic will ABTL generate. Furthermore, ABTL can corner
the car repair business.
You are concerned about whether people would feel
confident sending a purchase request over the web - which
as we know doesn't bind them to anything. But the
issue is whether the potential customer
Good question. I have to admit, I thought it was a
stupid question when I first read it. I was going to
reference how many cars were being sold over the net
currently (all companies) as proof that this wasn't an
issue. But, I think I've been hanging out on Yahoo for
too long - I'm losing what little analytical ability
I once had.
The fact is that internet
commerce growth is slowing. The amount of commerce is
growing, but not at the same explosive rate. Most analysts
figure that it is because of the type of computer
The initial guys on the web were sold
from the start, and they would feed their cat on-line
if they could figure out how. But as web use spreads
into a wider band of the general population, as the
theory goes, the newer users are less inclined to jump
in so fully. They are the ones who have a web
connection in the office, or who just got home access in the
last six months or so. They are more cautious, less
inclined to register for new pages, give out credit card
numbers, and perhaps to send an auto purchase
Short term, we may see a lot of minor recalculation
about web-based revenues (across the board). I don't
think its a long term problem, though, assuming that
none of these on-line auto companies prove to offer
fraudulent services, or open the door somehow to outside
Ive used Amazon.com to buy books because it is
very convenient and you can peruse at your leisure and
the postage is worth the convenience. Ive used
Autobytel.com to peruse cars....but I don't need to test drive
my books and they don't cost upwards of $20K
Seems to me in order for it to work (unless they make a
lot of revenue via advertising), they'd have to
inspire enough confidence in the scheme that you'd feel
no risk at clicking on "I want this car..." Can
anybody tell me if they've acheived this?
E- Auto business will explode like the online
book gaint, AMAZON.
The middle men will be cut out
like many of the brokers at full service firms. You
must look beyond one week horizon unless you are a day
trader and they don't count. 12 months from now , if you
sit tight......you will be very happy with this
Thank You Paine Weber!!!
I check out a lot of message boards (about 30)
and this one is by far the most obscene, not to
mention most useless. It seems to be filled with a bunch
of cry babies who bought this stock at $25 or
higher. All I can say is CHILL OUT! Sometimes you win,
and sometimes you lose. Hold on to this stock,
because, in my opinion, you will eventually win. Meantime,
if you have anything constructive to say, put it
here. If you want to slam ABTL without something of
substance to say, go do it in your back yard.
Is ABTL another internet winner/loser? Is it
worth investing? What is the price target?
FREE website at www. wysestreet. com.
symbol, then type your own questions, or click commonly
asked ones, you will get answers.
Also, if you sign
in at clubhouse without much personal info., it will
get you a complete analysis, including ranking, etc.
Sounds like you really studied this company. I
picked up more shares today @ sale price. Good luck
everyone, this stock will stablize and inch it's way back
*Keep in mind everyone was crushed today
not just ABTL.