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Technology Stocks : OnSale Inc.

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To: Jeff Jordan who wrote (1179)	7/4/1998 12:10:00 AM
From: Bob Brinker, Jr.	Read Replies (1) of 4903

Jeff, I'm with you on this one. I just went through a fun ride with RMBS which I bought at 37 1/2 about 2 weeks ago and sold it at 61 this past Tuesday. I bought into ONSL at 26 1/2 and look for it to go to the 30 - 32 range within 2 weeks. There is a lot of enthusiam going on with Internet stocks...I just watched a Moneyline excerpt which tracked the progress of the AOL/Amazon/Earthlink/etc. run this past week. It seems that the market is reacting VERY positively to the big boys interest in the internet (AT&T, MCI, TCI) in recent days. The runup of Netscape's pursuit of updated Internet Commerce/Services reinforces this. I think OnSale is very well positioned to benefit from this hype. They have missed out of the rallying for awhile and are due for a pop here in the next 2 weeks. Hang on! -bob jr. ps. I've informed 5 of my coworkers of the the www.onsale.com website the past 2 weeks and ALL 5 of them have been bidding like crazy! There is no doubt in my mind that onsale.com is building a brand name recognition and I feel has a big lead in the on-line auctioning market. In addition, I personally prefer their interface and product selection to the others (PCMALL, webauction, etc...)

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