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Technology Stocks : OnSale Inc.

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To: Norm Demers who wrote (1449)	7/29/1998 7:56:00 AM
From: Irene Lynn	Read Replies (1) of 4903

i agree..i was impressed with the cfo..he clarified the "miss"..and actually said they were in line or one penny ahead..he said that return customer rate went from 74%- 77% up this qtr..he said something like the production output per employee is $250k which is the highest in the industry...and talked about more deals in the making..reiterrating their recent deals....along with distinquishing onsl from the others by being a business to business auction site...yet allowing individuals to get involve...when the lady from the wall street journal question him about what if wallmart got online wouldn't that crush you..he claimed they were below retail and their overhead is extremely low...then he threw in the production output per employee being $250k..hope i got that right..i do believe we will do fine..not sure if we will get to 30..but we could have a little selling off but end up positive..happy trading.. irene

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