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

To: j_b who wrote (1487)	7/30/1998 10:11:00 AM
From: Big Poppa	Read Replies (3) \| Respond to of 4903

The bottom line: should I buy more, sell, or just hold on to what I have. Jordan

To: j_b who wrote (1487)	7/30/1998 3:46:00 PM
From: StaggerLee	Read Replies (1) \| Respond to of 4903

>>other businesses regarding necessary margin levels to be profitable (around 2% for grocery stores as Mo Chips pointed out to you << Gross margins: A&P 31% Kroger 25% SuperValu 12% Safeway 32% Industry average 29.5% Source: Microsoft Investor (I must admit, I found this surprising.) Note also that these companies have BILLIONS and BILLIONS in revenues. Ingram Micro, the other company you specifically mentioned, did over 5 BILLION in revenue in the first QUARTER! How can you compare these companies to ONSL? Do you think the American public is going to start spending as much money gambling on on-line auctions as they spend at the supermarket? For me, that's not how I envision the future.