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

To: Eric Cross who wrote (800)	2/19/1998 12:05:00 PM
From: Clark Davis	Read Replies (2) \| Respond to of 4903

Check out : gwi.net Pay close attention to the last paragraph

To: Eric Cross who wrote (800)	2/19/1998 12:26:00 PM
From: D.J.Smyth	Respond to of 4903

eric, possibly due to the following news; note the strike prices effective 2/22 its a macho market maker thing. several 25k blocks moving through. no insider sale rumors yet.

To: Eric Cross who wrote (800)	2/19/1998 6:32:00 PM
From: Richard Chow	Read Replies (2) \| Respond to of 4903

All, Apparently there was a rumor that the CEO resigned and ONSL will have to restate their financials. This caused the freefall today. The rumor was dispelled 15 minutes on Dow Jones News Wire before close which accounted for the miraculous recovery back to almost where the day started. A lot of it was in short covering. (Short interest increased 30% since the beginning of the year...) To my fellow "shorts": Maybe where there's smoke...? This turkey is so damn over-valued and all technical signals are so bearish it's gotta go down! Right? Dick