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


To: Bob Kimball who wrote (999)4/1/1998 12:32:00 PM
From: Marco Polo  Respond to of 4903
 
Cool, post #1000 is all mine!

Anyway, it doesn't seem like Everen is expecting much out of ONSL over the next year and a half... but they aren't overly negative either.

RESEARCH ALERT-EVEREN starts Onsale Inc

CHICAGO, April 1 (Reuters) - EVEREN Securities said Wednesday it initiated coverage of electronic retailer Onsale Inc with an intermediate term market performer
rating and a long term outperform rating.

-- Has six-month share price target of $32 and 18-month target of $35. Stock up 1-7/8 at 32-7/8.

-- Says company appears capable of 60 percent annual sales growth just by offering an expanding set of products and services to web customers who fit its demographic
profile.

-- But says gross margins may be pressured over the next two quarters due to turmoil in the personal computer industry.



To: Bob Kimball who wrote (999)4/1/1998 12:34:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 4903
 
Bob,

EVEREN started coverage of ONSL with a market-perform rating.

Six-month target is $32 and 18-month target is $35.

biz.yahoo.com