Mohan,
I agree totally with you. I find it humorous thou, that everyone talks about how important it is to be one of the first, have large sales, the most number of hits, etc., and ONSL sits here while Ebay goes higher. Hmmmm.....Didn't ONSL do 5 times more sales than Ebay the most recent quarter, doesn't ONSL have 57% less Total shares Outstanding than Ebay, isn't ONSL one of the first. I confess that a few years ago I would have laughed at these valuations, but everyone talks about the explosive growth, and that these established Internet companies will be the next AT&T, Microsoft, Intel.
The internet growth is going to be explosive, probably more so than what is being projected. IMHO the best thing to do is sock a few of the bigger established companies away and you will be pleasantly surprised in a few years. Yes, 10 baggers in a few weeks are nice, but I also think you will see a 10 bagger in ONSL in a couple of years from now. (JMHO)
Sorry, had a little extra energy and needed to type...:)
Still Long and love this stock!!!!!!!
Brian H. |
