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


To: Austin S. who wrote (1667)11/19/1998 6:28:00 PM
From: Eric J. Beyer  Read Replies (1) | Respond to of 4903
 
This is my take on one reason ONSL hasn't attracted more attention...
The name ONSALE doesn't exactly have a sporty trendy internet sounding name and is easy to forget. The symbol "ONSL" subliminally sounds kind of like "ONSLOW". I had never even heard of (or noticed) ONSL until about a week ago, and I spend much of the day doing various things online and have been since 1994, including actively trading stocks. The sheer momentum of the stock lately may finally be
attracting the attention we need.

On another interesting note... An hour before the closing bell the volume on ONSL and EBAY was nearly identical at 2 million each.
By the close the volume on ONSL had eclipsed EBAY's and was one of the very few internet-related stocks that closed with a healthy gain.
I hear a lot of whispers that ONSL is the next EBAY, and it's showing up in price-volume studies. The risk/reward ratio seems definately in our (ONSL's) favor. Would be nice to close out the week over $30., but I'm going to hold awhile in any case.