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Technology Stocks : OnSale Inc.

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To: saber hormi who wrote (1902)11/27/1998 12:21:00 PM
From: dzzhang  Read Replies (1) of 4903
 
Buy OTEXF now --one of the cheapest Internet player

OTEXF is extremely undervalued in comparison to OMKT, CDNW, ONSL, PTVL, YHOO, AMZN...

About six month ago, Barron has an extensively article on Internet stock valuation. It stated OTEXF is undervalued compared to the
then-ranup Internet stocks like OMKT, CDNW, ONSL, AMZN, etc. That time, OMKT, CDNW, ONSL were trading at their low teens,
and AMZN in its 30's. Now given that the fact these stocks are all more than tripled while OTEXF beat or matched street's expectation
and still half-way to its recovery from recent market sell off, accordingly it is one of the cheapest Internet player.

OTEXF has 6 STRONG BUY ratings, and its forward PE ratio of only 18 with 50% annual growth. It becomes one of the cheapest Internet
stock.
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