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


To: Irene Lynn who wrote (1290)7/20/1998 8:25:00 AM
From: Capt  Read Replies (1) | Respond to of 4903
 
From the "Internet Stock Report with Steve Harmon"

Blue Light Special

"Steve, keep up the great reports, they have been extremely useful and enlightening. I bought ONSL at $30 on May 21, but now sits at about $22.50 per share. The financials appear to be very healthy. What is your opinion on this stock?"

Reply: In our view ONSALE (NASDAQ:ONSL - news) represents a better model for Internet commerce than pure retail. Its challenge, however, may be to broaden the sales lineup and shorten the bidding process. Another challenge is building brand to leverage into new auction-driven or sales areas as more and more auction services go public (eBay, uBID).