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


To: Joe Waynick who wrote (1375)7/26/1998 1:15:00 AM
From: Doug Gallian  Read Replies (1) | Respond to of 4903
 
Joe,

Hi, I'm new on this thread.

With these internet companies still in the negative EPS range, beating estimates doesn't seem to matter. Last week AMZN beat estimates (though still negative EPS) and the stock tanked. I believe SEEK also beat estimates (-EPS) and they also went down. My prediction for next weak is a continued downtrend in the market, internet stocks, and ONSL. TA doesn't bode well for ONSL and in the current climate on Wall Street I don't know that FA will help.

Doug