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

To: Joe Waynick who wrote (1373)	7/25/1998 6:40:00 PM
From: John Finley	Read Replies (1) \| Respond to of 4903

Click on the "Earnings" button in red above this message and you'll see this: <<Unfortunately the company does not comment on how earnings are tracking. She did say the consensus was .19-.20>> Hopefully the market mood will be good for internet stocks next week. I just hope that even if they do meet estimates that they don't warn about the future. Any negativity seems to have catastrophic consequences in these volatile times. JF

To: Joe Waynick who wrote (1373)	7/26/1998 7:12:00 AM
From: Norm Demers	Read Replies (2) \| Respond to of 4903

My thinking is, any improvement toward profitability will sent the stock flying. Also with earnings being reported look for CNBC to finally give ONSL some press maybe even a CEO interview. The only reason this stock is cheap now is lack of press coverage. Check this out from zdnet: SPECIAL REPORT THURSDAY, JULY 16, 1998 Profits Still Elude Most Online Retailers Larry Dignan, Editor Inter@ctive Investor So what's the bottom line for e-tailers? Unfortunately there isn't one. But Wall Street is patiently waiting. "Profits are not overwhelmingly important now," said Anthony Blenk, an analyst with Everen Securities. "People are looking out two or three years." Like other Internet companies, online retailers are busy grabbing market share, building the brand and building a base of revenue. That means profits will have to wait to catch up to lofty stock valuations. Analysts are guessing Amazon.com Inc. (Nasdaq: AMZN) will break even in the year 2000 and start raking in the real bucks in 2001. Other leading e-tailers such as CDNow (Nasdaq: CDNW) will be firmly in the black by then too. The first e-tailer to see profits is Onsale Inc. (Nasdaq:ONSL). Analysts say Onsale will be the first e-tailer to be profitable - hitting the black in 1999. In fact, Onsale (chart) has a unique distinction among Internet companies: It was profitable back in 1996 -- a year before it went public. Keith Benjamin, an analyst at BancAmerica Robertson Stephens, estimates e-tailers will show rapid profit growth once they break even. Benjamin predicts Onsale will have earnings of 13 cents a share in 1999, with profits jumping to 91 cents a share by 2001. Preview Travel Inc. (Nasdaq: PVTL) will become profitable in 2001, with profits of 92 cents a share for the year.