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Technology Stocks : OnSale Inc.
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To: Jim Duffett who wrote (1395)7/27/1998 3:06:00 PM
From: aps  Read Replies (1) of 4903
 
Jim,
Strong future growth is the key that market is always looking for. Each company that has beaten current estimates, must predict strong future growth, for its stock to hold up. Or else what greenspan said would be true for that company and you know what happens when greenspan theory is applied to any given stock. So let us hope that onsl will not warn of slowing growth, but will instead predict the opposite. In such a case we will see a pop in the stock. Also a good number of brokers have upgraded this stock last week, and I am lead to believe that they would not have done so if they thought that the growth was slowing down, but hey who knows about these upgrades, it just may mean that these guys want to get out of the stock, or may already have by now. Wait and watch....

aps
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