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Technology Stocks : OnSale Inc.

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To: Doug Gallian who wrote (1391)7/27/1998 12:37:00 PM
From: aps  Read Replies (2) of 4903
 
Doug,
I think we will beat estimates of -.20c. My range of expectations is as bad as just beating estimates and as good as breaking even. It is very hard to figure out any further specifics on internet stocks.
However, as we learned last week good earnings does not necessarily mean a pop in the stock price, it could tank instead...it all depends on the mood of the street, when the earnings are released. I bought in as high as 28 1/5 and as low as 25 1/4(today), so must be expecting it to pop to atleast $32 if not any more. But that may not happen considering the sluggishness of the market.

On the other hand, if the trend changes, this stock has the potential to rocket.

good luck to all,
aps
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