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

To: Mr. Green who wrote (1420)	7/28/1998 4:29:00 PM
From: Scott Moore	Respond to of 4903

Anybody now how much this one quarter payment to Cendant was? It could be that this is the detail which will make or break tomorrow.

To: Mr. Green who wrote (1420)	7/28/1998 4:29:00 PM
From: Mr. Green	Respond to of 4903

Due to continued improvements in merchandise management, the company decreased inventory while increasing sales. Merchandise inventories in the second quarter were $7,213,000, compared to $7,921,000 in the first quarter. At the close of the quarter, ONSALE had 667,000 people registered to bid, a 25 percent increase from the previous quarter. During the quarter, those customers placed 2.4 million bids, compared to 1.4 million bids in the previous quarter. These bids resulted in 393,000 orders, compared to 310,000 orders in the previous quarter. Repeat customers accounted for 77 percent of the orders, versus 74 percent in the previous quarter.

To: Mr. Green who wrote (1420)	7/28/1998 4:32:00 PM
From: Doug Gallian	Read Replies (2) \| Respond to of 4903

Mr. G, I agree! AMZN beat estimates last week and the stock tanked. The fact that this stock held above 26 today with all the market girations on Wall Street bodes well for tomorrow and the rest of the week. Now $29 is another story. We've hit it solid recently and keep bouncing off. We'll just have to see! dg

To: Mr. Green who wrote (1420)	7/28/1998 5:30:00 PM
From: Irene Lynn	Respond to of 4903

just wanting to comment..on your statement about one penny is no big deal...in the internet world it is..and with all the latest competition..being announced this could be a selling off with fears of these auction sites taking business away from them...however, the ceo coming on cnbc will be important ..and only after that interview we can get an idea of direction of not only the stock but the company...although i still have a small long position...i did trade shares i bot earlier today.. selling just a few minutes before the close...mainly due to the fact that 27 is where it opened..and it was having troubles getting to that level...right at the end....normally that is not a positive in ta...especially when earnings are coming out of after the bell...i thought i'd be able to get a quick buck seeing it broke out strong this morning and held up in a down market...but i only broke even on today's trade..and it could go to show you it's best to sell into earnings whether good or bad if the mometum isn't there in its sector..tomorrow we shall see how the ceo performs with james kramer being there too...he does not hold any punches and only seems to like yahoo and aol as his internet favorites regards, irene