OnSale Inc. Message Board

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Technology Stocks : OnSale Inc.

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To: PAL who wrote (2954)	12/30/1998 11:44:00 AM
From: j_b	Read Replies (2) of 4903

<<Now where is ONSL heading? I am thinking of selling some puts. >> The fact that you are dealing with options makes me think you tend to look at short-term movement more than long-term. That being the case, I agree that most internet stocks will be under selling pressure during the next quarter. I doubt the sales or profit figures will support the ridiculous valuations that many internet companies have. When the AMZNs and EBAYs drop, they will take everyone else with them. Long-term, I still think ONSL is a good business with good growth prospects. I don't believe in market timing, so I think I'll just stick with my long position until ONSL management shows me they can't continue to perform. So far, they have done everything I expected.

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