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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Steven B. Patton who wrote (789)2/16/1998 10:24:00 PM
From: Feraldo  Read Replies (2) | Respond to of 4903
 
Some comments from a long time ONSL friend here on SI. I was around for the first 200 posts, in fact I got the name changed from OnSale Inc (IPO) to what is is now. I was skeptical at first. I bought around 8.125, then 8.75, then 9.875. Then sold it all at 9.625, only to see it run to 30 not long after. The whole thread was negative then, with me being the only positive one here. I used to keep a spread sheet, in which I added up all of ONSL's bids every Sunday nite, to keep track of the growth. It is still growing I would have to testify to. ONSL will keep growing. I have used them a lot. They are cheap, and they are fun. The new auction your own stuff site, is probably eating in to earnings a bit, but if it gets up and running (which there is a lot sold there), then they have a new profit medium. Just how much to charge, it seems, is what they are trying to get a feel for.