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Technology Stocks : OnSale Inc.
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To: cyberman who wrote (1430)7/28/1998 5:49:00 PM
From: JOHN CHEN  Read Replies (1) of 4903
 
I checked ZACKS... analysts did not take this one time CD charge into consideration. The announcement was made in middle of MAY and estimate has remained the same ever since except a few more analysts started coverage of the stock during the month of JUNE and JULY.

I await for the CEO to explain the one time charge. How big, how small? Like someone else said here, company could spread out this one time charge over time because this is not a one time benefit for this quarter but many quarters to come.

I always think highly of ONSL because of their business model which is totally different than the rest of the retail stocks such as CDNW, NTKI, EGGS, SWNT...ect.

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