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

To: Mohan Marette who wrote (1949)	11/27/1998 9:12:00 PM
From: Austin S.	Read Replies (1) \| Respond to of 4903

Nice to see eBay move up another 6% ($13 1/2). ONSL has incredible momentum, and as it has been said time and time again over the last few days, investors are all trying to get a piece of this early internet action. E-commerce is but in its infancy, a mere baby. And, ONSL looks very attractive as compared to eBay for many reasons. 1. ONSL's revenue for 1998 will be 4 - 5 times that of eBay; 2. ONSL's 1999 projected revenue (350 million) is signifanctly greater than that of Ebay; 3. ONSL's business model, IMHO, is superior to that of eBay because, through its alliance with Yahoo (http://auctions.yahoo.com/), they not only have the person to person auction, but ONSL has it's retail auction, X-mas auction/store, and has yet to open, but is about to open, its business-2-business Industrial site: onsale.com When ONSL makes its announcement as to exactly when its Industrial site will open and its alliances - watch out, ONSL should soar even more; 4. ONSL has not yet turned the profitability corner, but when it does, it has significantly more momentum, opportunity, and revenue to work with in this regard; 5. ONSL is the number two internet retailer, second only to Amazon.com, and, even after this present runup from $27 to $97 - ONSL is still only selling at a multiple of about 5.5 times projected 1999 revenue of 350 million, as compared to Amazon.com's multiple of 12 and eBay's multiple of 100. Moreover, there is no doubt, in my opinion, that ONSL's 1999 revenue will far exceed its projected 350 million. In a nutshell, regardless of whether ONSL at $100 seems ridiculously inflated to some, compared to other similar internet retail stocks, etc., ONSL is still a great value, is on very solid ground, and is cheap in comparison. Plus, ONSL still has a wave of news to announce yet, its Industrial Site. IMHO, ONSL will see $175 to $200 within 2-3 weeks. Good luck to all.