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

To: zurdo who wrote (2089)	11/30/1998 11:42:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 4903

You like that runup in ONSL? Now try IMAL. This stock could triple in one day. IMAL is about to be discovered. For anyone new to the company, here is a little background: Todays close was 12 5/8, and given the huge runups in far less superior companies like BAMM and SHRP, IMAL could easily run to 30 in one day. It is 72% insider owned, no stock available....What do they do? Read below: The Company operates the largest shopping mall on the Internet, located at imall.com, and recently launched its Internet shopping portal, located at stuff.com. IMAL is a pioneer in electronic commerce services, enables and supports small- and medium-sized businesses in their effort to cost-effectively engage in electronic commerce through the use of iMALL's(IMAL) proprietary e-commerce tools and services. iMALL (IMAL) offers its e-commerce services directly to merchants, as well as through partnerships with leading ISPs, Web hosting firms, and financial service companies with an Internet focus. First Data Merchant Services Corporation (FDMS), a subsidiary of First Data Corporation (NYSE:FDC - news) has purchased a $14 million equity stake in iMALL at $7.00 per share, consisting of an initial investment of $10.8 million and an additional $3.2 million subject to iMALL shareholder approval. The companies also agreed to jointly offer a full array of Internet commerce solutions to FDMS' clients and their nearly 2 million merchants. Under terms of the 10-year agreement, FDMS and iMALL will jointly market turnkey solutions providing comprehensive Internet services including storefront design and building, site hosting, payment-enabling electronic commerce functionality and online merchant application processing.