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


To: cyberman who wrote (1430)7/28/1998 5:49:00 PM
From: JOHN CHEN  Read Replies (1) | Respond to of 4903
 
I checked ZACKS... analysts did not take this one time CD charge into consideration. The announcement was made in middle of MAY and estimate has remained the same ever since except a few more analysts started coverage of the stock during the month of JUNE and JULY.

I await for the CEO to explain the one time charge. How big, how small? Like someone else said here, company could spread out this one time charge over time because this is not a one time benefit for this quarter but many quarters to come.

I always think highly of ONSL because of their business model which is totally different than the rest of the retail stocks such as CDNW, NTKI, EGGS, SWNT...ect.




To: cyberman who wrote (1430)7/28/1998 6:23:00 PM
From: aps  Read Replies (2) | Respond to of 4903
 
Earnings were a disappointment to say the least. But it does not necessarily mean a selloff tomorrow. We may see some initial weekness, but overall it may not be as bad, especially if the ceo has some positive comments tomorrow.

Good luck to all,

aps