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Technology Stocks : OnSale Inc.

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To: PAL who wrote (3027)	12/31/1998 1:21:00 PM
From: Sojourner Smith	of 4903

counter points: I thought AOL would would not be able to compete with local ISP. I now think the same thing will happen in the internet arena. IMO there will be only few leaders in the end. IMO cost barrier of entry will increase. Last week on Computer Chronicles someone stated the current cost to be a big player is $30 - $40 million. Advertising costs will be the factor. More internet companies will be advertising on the radio (EBAY already) and TV. When the big players start becoming more defined, more institutional money will pour in. IMO ONSL will probably be somehow merged and together the unknown combination will become one of the top players. IMO ONSL technicals have been reliable and are starting to turn toward buy. Any downturn in internet stocks will be only very temporary.

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