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Technology Stocks : OnSale Inc.
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To: James Strauss who wrote (1926)11/27/1998 1:50:00 PM
From: LLCoolG  Read Replies (1) of 4903
 
Mr. Strauss,

I think you are dead on. I sold mine today at $99 and rolled some of the money into 2 other "next-tier" e-commerce plays, which made nice returns near the close. If all these companies will become $1B+ entities, most of these next-tier companies have a ways to go.

I would suspect you will get profit taking, but get another major thrust sometime after the pullback during this Christmas season. While you talk about 100%-200% returns, remember this stock was $15 three weeks ago abd $21 10 calendar days ago. Some people are up over 400%.

Enjoy the weekend. I will be loking to re-enter this stock if it gets below 80 in the next 2 weeks, but with much less money than I did earlier. I think the home run has been hit here. Should be interesting nonetheless.

Regards,

G
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