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Technology Stocks : OnSale Inc.

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To: PJD who wrote (2690)12/22/1998 1:40:00 PM
From: D.J.Smyth  Read Replies (3) of 4903
 
Did we read this right?:

<<Monday, online auctioneer Onsale (ONSL) screamed up 56 percent on an e-commerce deal with Yahoo (YHOO). Shares of competitors eBay (EBAY) and UBid (UBID) rose nearly as quickly as their smaller competitor.>>

Which is implying that ONSL is smaller than EBAY and UBID? ONSL's revenue for trailing twelve months was significantly more than EBAY's and obviously more than UBIDs. What is smaller?

cbs.marketwatch.com

someone must believe there's an announcement in the wings for UBID. Possibly an EBAY/UBID combo? Wonder how this would affect ONSL since ONSL's business in primarily b to b while UBID and EBAY are commerical.
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