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

To: Don Westermeyer who wrote (1533)	8/31/1998 9:22:00 PM
From: Optmaster	Respond to of 4903

With the tech and internet decacle that is occurring, is ONSL the one to bottom fish right now? I think not. Aren't companies with more defined futures like AOL and DCLK better purchases here?

To: Don Westermeyer who wrote (1533)	9/1/1998 1:44:00 PM
From: j_b	Read Replies (1) \| Respond to of 4903

<<If you keep buying, be advised many stocks go to book value in a bear market (look at anything energy related for instance). >> I appreciate the sincerity in your message. FWIW - even if ONSL went to $0, I wouldn't be looking for that tall building to jump from. I never put so much into any one area that my future would be dependent on it. If the entire market went to $0, I would have a fairly serious setback in my financial future, but I'd still be okay - I keep well diversified with hard assets and bonds. I have enough faith in the ONSL business model, and in ONSL management that I'm a long-term holder of the stock. If I'm not willing to buy at the current price levels (assuming that a purchase fits my overall investment plans), then I should be selling my position. Just remember, no matter how low the price goes in a bear market, if the fundamentals are there, the stock will recover in time. How much time? Who knows. <<I was picking on the audacity of stating the stock would rise to $81 in 6 months on nothing but a prayer>> I completely agree. Analysts are not notoriously accurate anyway, but $81 never exactly looked like a realistic target. Actually, a prayer is probably the best chance ONSL had to reach that price during that time frame.