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


To: majormember who wrote (2124)12/1/1998 2:24:00 PM
From: Kal  Read Replies (1) | Respond to of 4903
 
me humbly thinks the downgrades are for big guys to accumulate.
Once done, it'd fly.
I've experienced a similar senario with SYNT. It was rocketing, big guys seemed to have missed the boat, a quick 2-3 downgrades fired, the price shot down 10 points from ~40 to ~30. Next day it regained the 10 and some (if I recall correctly), anyhow, it reached 60 within days...
Media these days is imprinting the words online shpopping, e-commerce, e-business... it's coming.
Happy MManipulation.



To: majormember who wrote (2124)12/1/1998 2:29:00 PM
From: Nilesh Parikh  Read Replies (1) | Respond to of 4903
 
I am long on this stock. This company will be one of the
first ones to get into international markets, where on-line
shopping will be even more popular. People are still
underestimating the potential for e-commerce and what
OnSale has done and the potential it has over next
5 years.

I expect this stock to hit its new high after the holiday
season is over, if it doesn't, I will wait hold on to it...!!

-Nilesh.



To: majormember who wrote (2124)12/1/1998 2:30:00 PM
From: T.R.  Read Replies (1) | Respond to of 4903
 
I'm long. As for the downgrades, I've seen it happen with all kinds of stocks...doesn't mean much to me. I look at the sector, the company and what I think the overall future APPEARS to be. IMHO all of these look good to me in regard to ONSL.

I have another stock (DELL) that has been down several times this year AND it has been downgraded by various analysts/firms as well. I won't go so far as to compare ONSL with DELL but on the other hand I wouldn't be too quick to bet against either of them.



To: majormember who wrote (2124)12/1/1998 3:40:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 4903
 
For one thing I don't invest according to anal-yst recommendations,I go by my own since I think the 'anals' have none of my interests at heart I don't think they have yours either.How's that for an explanation.