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Technology Stocks : OnSale Inc.

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To: HECTOR RUBERT who wrote (2183)12/2/1998 11:48:00 AM
From: HERMANATOR  Read Replies (1) of 4903
 
Newstraders - December 02, 1998 11:12
(NewsTraders.com)-- eBay (EBAY) is "grossly overvalued" and Onsale (ONSL) is "slightly undervalued," Internet.com's senior investment analyst Steve Harmon said in his Morning Report.

Harmon says that Onsale trades at 12% of eBay despite being a similar Web-based auction company.

From Nov. 24 to Dec. 1, Onsale jumped 24% and eBay logged a gain of 5%.

Copyright 1998 NewsTraders Inc. All Rights Reserved Wednesday, December 02, 1998

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