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Technology Stocks : OnSale Inc.

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To: Mohan Marette who wrote (1921)	11/27/1998 1:21:00 PM
From: James Strauss	Read Replies (1) of 4903

NM... Mohan: I agree it's about momentum... But as ONSL keeps going higher it becomes less attractive for an ever growing number of investors that think the music could stop at any time at these lofty levels... Just as money rolled from the YHOO's and AMZN's to ONSL and EBAY, I see it rolling again to NM and NAVR... The current jump in BAMM is evidence of this... NM which is currently in the 12.00 to 13.00 area can give its investors several 100% moves before getting into that lofty ONSL price area... I think it's less likely that ONSL will have several 100% moves left in the short term... And NM has almost the same Revenue per Employee numbers... quicken.com NM is one of the few E-Commerce stocks with a NYSE listing... NM looks like the next big E-Commerce mover... Jim

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