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


To: Joe Waynick who wrote (1381)7/26/1998 10:56:00 AM
From: John Finley  Read Replies (1) | Respond to of 4903
 
<<What information does everyone else have that I don't that makes them so bullish on this stk?>>

I'm using tea leaves and rolling the dice<g>

Honestly, there is no telling what will happen even if they hit estimates. Basically, having bought product from them, I think they have much potential. How that potential plays out in the short term I haven't a clue. Watch it closely, and move fast if you are trading. Take a snooze if you are long term.
JF



To: Joe Waynick who wrote (1381)7/26/1998 12:46:00 PM
From: Norm Demers  Read Replies (1) | Respond to of 4903
 
If I'm not mistaken, they spent a great deal in advertising the last few quarters. If the advertising has been reduced it may make for better profits. Also they seem to be growing very fast. 18 cents may not be out of line at all. If they turn positive I will be thrilled any ways.



To: Joe Waynick who wrote (1381)7/26/1998 2:01:00 PM
From: aps  Read Replies (1) | Respond to of 4903
 
Joe,
I think they will barely break even, which is quite an accomplishment. I would not set my expectations too high. In my opinion the best case is +2c and worst is that they barely meet the consensus estimate.

In either case, if the market is good next week for internet stocks it will pop up to $30. If it continues to be down, we will see $22 - $24, even if earnings meet my best case.

So it all depends on the mood of the street next week. So let us hope that there are some positive indicators out before the earnings come in, like improvement in asia(although it may not affect the stock directly), or that bloody greenspan turns around and says something positive(which is unlikely). Basically whatever it takes to get the bullish trend back in the market. Let us hope for the best.

Good luck to all,
aps