OnSale Inc. Message Board

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Technology Stocks : OnSale Inc.

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To: Scott Moore who wrote (1563)	10/31/1998 11:18:00 AM
From: weatherman	of 4903

Scott, Your point is well taken ... thanks! It will be interesting in the longer term (next few years) the see how all of the internet auction sites survive in a very competitive and rapidly changing / growing internet environment. Shorter term ( 3 - 6 months) it is my opinion that EBAY is now over valued and that ONSL is undervalued at this point in time. In the next several weeks I would expect ONSL to test its upper resistance area of $25-26 due in part to exposure in Business Week, the Yahoo Auctions which ONSL powers, and eventual news detailing ONSL's new industrial auction site. I am long on ONSL from $16 and would be thrilled to take profits in the $25-26 area. Good trading all!

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