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Technology Stocks : OnSale Inc.

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To: zurdo who wrote (2633)	12/21/1998 7:03:00 PM
From: sam	Read Replies (1) of 4903

Holiday sales have been booming -- not just on ONSL, but for other etailers as well. But what really strikes me, is that people think that it'll go down just because it went up so much today. What they keep forgetting is that ONSL is heading into the most lucrative area of I NET business: business to business auctions. If (and that's a big IF) they can successfully make the transition, it'll be worth (IMO, of course) at least 8 times what it is trading for at the moment. Maybe a lot more than that. YHOO thinks ONSL will be the major player. Others agree. BTW, a lot of shorts will doggedly try to stop the momentum. Many are probably already seriously under water. Articles will be written. Pre opening positions will be frantically entered UNDER the market to try to sway investors. I just don't think it'll work. FWIW

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