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

To: Bharat Bhatia who wrote (2342)	12/5/1998 12:45:00 AM
From: J. C. Dithers	Respond to of 4903

Monday starts a new week -- without the daytraders... Who, I believe, have badly damaged this stock. I'm long on Onsale and currently looking at a significant loss. But I'm convinced that I will win eventually with this company. I think that ONSL and EBAY are by far the best recognized auction sites on the Internet. (Onsale was mentioned in last Sunday's Parade newspaper magazine, which has tremendous circulation.) What I am betting on is that Onsale will increasingly shift its focus to the commercial market. Then, these two companies will perfectly complement one another, rather than competing. EBAY owns the franchise of being the ultimate flea market of the world (I see a lot of sellers from the U.K. and Canada, for example). ONSL, on the other hand, will own the franchise of being the ultimate global auction site for business and industrial buyers and sellers. Both these firms have competition, but they will each enjoy the advantage of being the first movers in their respective market niches. If the (short) history of the Internet proves anything, it is that the companies that plant the first flag in a market niche leave the followers in the dust. Brand recognition is everything. It will take a while for investors to forget ONSL's roller-coaster ride which burned many, but I don't think it will require too much patience before we see good news and a steady value appreciation of our stock.

To: Bharat Bhatia who wrote (2342)	12/5/1998 11:46:00 AM
From: Les H	Respond to of 4903

There is an interesting Barron's article on Federal Express (FDX) growing from all the internet business. Their price potential is $ 200. Someone really wants this one to move. I've been looking at Airborne Freight (ABF) for last several weeks also.

To: Bharat Bhatia who wrote (2342)	12/5/1998 4:54:00 PM
From: Apache Indian	Respond to of 4903

Bharat, why be so shortsighted ? ONSL has a gross profit margin of 10 to 11 percent, at its current growth rate it might break even by 2Q 1999. However, you should not be worried about the company making money at this particular point in time. The internet however hot it might be today is still in its infancy, compared to what its going to be in 2001/2002, buying and selling thru telephones, calling multiple people for prices, is going to be a thing of the past, I believe ONSL with strategic alliances and timely moves is taking steps in the right direction, its growth is bound to explode in the coming years, I'm in at 18, 15, 28, 66 (!),, for the long haul. There are a lot of companies grouped up together as 'AUCTION' companies. The challenge is to identify and pick the right one. For most people the easy thing to do is look at which one makes money today and pick that one as the winner, Thats the reason EBAY is at 200 today. The company makes money (a penny maybe) today, but do you think it can withstand the competition in the long run ? Competing with Yahoo that sells EBAYs entire business for free? (valued by the market at 8 Bil) If you want to put some money in one internet internet company with great potential, this could be the one. Do your own research though. Dont jump in if you do not believe in the company, and the concept, you could end up spending a lot of sleepless nights.