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Technology Stocks : OnSale Inc.

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To: Sabrejet who wrote (3329)1/10/1999 4:02:00 PM
From: robbie  Read Replies (1) of 4903
 
It's not if, but when.

You are entitled to your opinion. My opinion is that you are going to get crushed. You are shorting the most undervalued of the group by any measure. You are also making the mistake that Onsale is just auctions. Plus you are short with news coming about ONSL's Christmas sales being much higher than last year, the industrial site, and ONSL Japan. This thing could (and will) explode at any time for any number of reasons. A lot of wise (now broke) guys have been screaming the net stocks will crash for a long time now. We are in the third year of a thirty year internet economy and you think you have pinpointed the burst of a bubble. Gotta be a better way to make a living. This stock will see 75 again, soon, and 100.

JMHO,
Robbie

Oh yeah, Yahoo reports Tues. also. If they beat the numbers you will have another reason to get crushed.

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