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Technology Stocks : OnSale Inc.
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To: T.R. who wrote (2452)12/10/1998 11:26:00 AM
From: D.J.Smyth  Read Replies (1) of 4903
 
interesting concept. the one problem with bid.com, in speaking with management, is that they have had problems finding products to sell as ONSL has already established selling agreements with several key players, some of which are exclusive. bid.com came on the scene about a year 1/2 after ONSL and has been bleeding cash to build, dropped to $1 for a while, but has since come back to around $3 1/4 canadian. they have an AOL relationship, but ONSL advertising on AOL as well and has to date has continued to receive a chuck of business from that spot advertising relationship.

of curious interest no sell here yet on ONSL, although they did change their rating on Dell to neutral this morning; apparently the distribution on the stock has been greater than the accumulation for the past two days even though the price has wandered higher; interesting.

stkwtch.com
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