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


To: reeny who wrote (1970)11/29/1998 1:08:00 AM
From: Russell McGuire  Respond to of 4903
 
To all:

Nice ride so far but, anyone taking profits now
checkout ECHO. (Just another Internet related
stock starting to move, closed Friday at 1 13/16 on volume,
up $.53 for day)

Good Luck to all,
Rusty

PS....Go ONSL!!!! Go ECHO!!!!



To: reeny who wrote (1970)11/29/1998 1:19:00 AM
From: HECTOR RUBERT  Read Replies (1) | Respond to of 4903
 
When EBAY ran up these levels, I actually thought of SHORTING the stock. Thank GOD I didn't. If you're looking for a solid company with a sound business model for BUSINESS E-COMMERCE, ONSALE is it.

Everyone knows that Consumer E-Commerce Growth will be huge however, Business E-Commerce will dwarf Consumers ten-fold. The margins are higher and Business are not as loose as consumers. They like to establish long term business relationships to focus on their business growth. ONSALE stands to be the leader in this category as the BUSINESS TO BUSINESS service goes online. Once these relationships are established and businesses get comfortable with the ONSALE format, they will become barriers of entry for new competitors. ONSALE's future looks strong with the backing of JAPAN's SOFTBANK and its relationship with YAHOO.

I don't expect any pull backs anytime soon. The stock is now mentioned along with EBAY and AMZN as E-COMMERCE leaders. Yet, it trades at 10xSales versus EBAY's 1000xSales!!!

ONSL looks good to GO!!!

Hector