Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (2339)	2/5/1998 5:45:00 PM
From: Felix Ruan	Read Replies (2) of 18691

Roger, I was wondering if you have heard of one internet stock called Onsale inc. It operates auctions on the net. it sells refurbished and closeout computers, peripherals, and consumer electronics. It rise from $4 5/8 to $35 1/4 in a very short order, and is selling at $26 right now, and has a 23 price to book value. I think it is grossly overvalued, however, I would like to hear your opinion on it. Felix

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