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Technology Stocks : OnSale Inc.

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To: Rylan who wrote (2699)12/22/1998 2:47:00 PM
From: D.J.Smyth  Read Replies (2) of 4903
 
long termers are freaked (shy?) on this, $108 to $50 in 15 minutes, then to $32. it's a Clinton thing, screw around once, it's okay. screw around ten times; there's distrust. but...market makers love moving stocks up on the back of distrust. i.e., UBID - either an announcement in the works, low float, or they're screwing with it.

most wary long termers would buy at a steady $108, than an unsteady $35.
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