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Technology Stocks : OnSale Inc.

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To: Douglas E who wrote (831)2/27/1998 5:10:00 PM
From: Don Westermeyer  Read Replies (1) of 4903
 
Doug,

shorting before the street takes this one up up and away so i can buy more below 25

That is not as unlikely as you make is sound. The company is in basically the same shape as the last time the stock went down to $12 starting from $34.

Why would you buy at $25 when you didn't when it was trading below $15? It is easy to be bold as the stock is going up. It's not like earnings are actually growing! If the market sentiment ever drives back towards value plays vs speculative ones, God help you if you are long in stocks like ONSL!

:)

Sincerely good luck (I have no position).
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