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Technology Stocks : OnSale Inc.

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To: Mohan Marette who wrote (1735)11/25/1998 10:51:00 AM
From: PAL  Read Replies (1) of 4903
 
Hi Mohan-san:

I am sure that you are aware that ONSL is partly owned by SOFTBANK of Japan and has an operation in Japan for auction. I am still going to find out how many shares are shorted. I would not daytrade this puppy but hold it longer. I feel that YAHOO will take over ONSL, and exchanging shares of ONSL for YHOO would not be a bad idea, don't you think?

One thing for sure: although ONSL is not making money at the present time, it is better than EBAY since YHOO is competing against EBAY in person to person auction (YHOO is free), using ONSL as its engine.

WHY is EBAY so high while ONSL is not at that level? Better underwriter and investment banker.

Enjoy your ONSL as I would, and be really thankful tomorrow.

Paul
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