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Technology Stocks : OnSale Inc.

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To: brian z who wrote (3005)12/31/1998 9:39:00 AM
From: Kelvin Taylor  Read Replies (1) of 4903
 
brian,

I have used this VectorVest before with other stocks and I will say it is biggest joke I've ever seen. I was looking a STB, Inc.earlier this which was then trading @ 20. Vectorvest stated the Fair value was $44. But had a HOLD rating. Great buy, right? What's the deal?

STB announced a earning shortfall and the price crashed to $7. And its still there today.YHOO is currently valued @ $25.70(closed at 244) and another other non-internet stocks POWI valued @ $13.60 closed yesterday 23. They rank the stock as a buy. Value is 13 and it cost 23 and its a buy?

My advice is to just ignore any advice of this VectorVest. Stock prices are made by supply and demand plus market conditions and earnings forecasts. I'm holding ONLS regardless of what Vectorvest thinks it worth.

Hope this helps

Kelvin
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