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Technology Stocks : OnSale Inc.

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To: Mike da bear who wrote (1673)11/20/1998 1:53:00 PM
From: 45bday  Read Replies (3) of 4903
 
Just starting looking at this. I have a business associate who manufactures reburbished computers. He recently signed a big contract which induced him relocate to a bigger facility. He went into debt with his vendors and shipped the goods. The purchaser said " f--K you ". We're not paying the 1/2 mil or so we owe you because of yata yata yata. My bus. assoc. is now out of bus. as a result, and may go BK. I guess I don't have to tell you who the purchaser was.

Not sure how to interpret this. Is this a company that is predatory and will screw anyone in an attempt to improve the bottom line. Curious how others might interpret this info. Sounds like they have a lot of parts to their bus. that don't work just right. Thanks.

I do not currently have a position in this stock but until I heard this was considering going long.
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