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

To: Feraldo who wrote (794)	2/18/1998 12:19:00 AM
From: D.J.Smyth	Read Replies (2) \| Respond to of 4903

Feraldo. Vic, Clark, Mo, all: ILI.TO (Internet Liquidators on the Toronto Exchange) has a captive audience of AOL members and performs many of the same auction functions as does ONSL. Why would not ILI be as successful as ONSL given its exclusive AOL connection? Apparently the warrants for ILI expired worthless today, so no further dilution from exercising warrants would occur. Generally speaking when dilutive affects ends, share prices tend to rise. Given that ILI went public here in February at a higher price than it's currently trading. ILI is sitting on a respectable amount of cash from the warrants that were exercised. So it is probable that they will use their cash to grow their business in the same manner than ONSL has been growing there's. Is there room for two such players? I was told today that ILI has an excellent chance of becoming the next ONSL since it is AOL's version of the auction and AOL has nearly 1/2 of all internet users now. What do you think?