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

To: saber hormi who wrote (960)	3/20/1998 3:56:00 PM
From: Garfield	Respond to of 4903

I don't own any stock (short or long) in this company, but I have used them to buy a computer. For the computer I bought before Christmas, I bid about 10 times before I finally won the auction.. I also bid on about 10 different computers to start with and dropped out of the ones that got to high.. Total, I would say I placed around 20-30 bids for the one item I purchased (actually, it was 2 identical computers)..

To: saber hormi who wrote (960)	3/20/1998 6:11:00 PM
From: Pauly	Read Replies (3) \| Respond to of 4903

<bids don't mean a thing and ONSALE shouldn't try to use that number to boost their stock price.> Wrong. 1 out of every 3 bids turns into an order. I've already said this in a previous post, but in 4th quarter there were 728,000 bids and 232,00 orders, i.e. 1 of every 3 bids "won". So the number of bids is a leading indicator of revenue growth, assuming ONSL can keep the ratio at 1 to 3 in the future, which it can as long as it expands its capacity. So bid volume is not meaningless, as you claim, but a sign of future revenue growth. Also, increasing bids means increasing traffic, which means increasing advertising revenue. Please look up the facts before making these comments. Thank you. Paul