QXL

Cyber I agree with you turnover has got to increase big time. However I think if they can make it to profitability they will hopefully be taken over. That is the only way qxl will ever be able to challange ebay (It would need to be one of the larger co's as well yahoo or msn that takes them over).

I think we will have to agree to differ on the amount of cost savings left, I know zero can never be reached but 6m seems very very high. It was ok when they were trying to challenge ebay but now they seem to understand they are a smaller company and may reduce these costs considerably (As I say if they do and even make 0.5m by the end of 2002 they may then be snapped up and then with the backing of a major co. have a chance of making it into the big leagues).

I honestly think 3m losses is possible in February, what advertising have they had? only the partnership agreements and a little advertising on MSN. Listings are also up so my prediction of 3m losses although optimistic is achievable.

DYOR
MW