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

To: Mark Fowler who wrote (1133)	5/28/1998 9:27:00 PM
From: Rob S.	Respond to of 4903

In the last conference call Jerry Kaplan said that they would not be coming out with news for a few weeks because they needed to digest some of the moves they have already made. That was a major reason why I felt confident in going naked on calls I had sold against my stock. I figured that without news it would not move up through resistance around 32. It was like selling the stock at 34. I could have timed buying the stock again as I am down a bit over a point from the new position. Overall, I made money on the way up and would be happy to be called away at 30 if it moves up above that at expiration in June.