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Microcap & Penny Stocks : A Wall Street West Newswire Discussion Board -- Ignore unavailable to you. Want to Upgrade?

To: Oak Tree who wrote (264)	11/27/1998 6:02:00 PM
From: Brian H.	Respond to of 456

Paul, You are correct, but one thing I learned is never go against the street, and the street is not selling yet. Heck, AMZN is not making money, neither is E-Bay, and ONSALE has higher revenues than E-Bay, higher book value and more cash on hand. Also keep in mind there are only 18 Million shares outstanding with ONSALE and over 40 Million on E-Bay. Hey, no one said the stock market is fair, but I am not going to fight the tape. I thought about buying puts on ONSALE at the open on Wednesday and instead bought Dec 50 Calls. The internet stocks are to hot and the tape is our friend for now! Happy investing! Brian H.