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


To: sam who wrote (2482)12/12/1998 5:00:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 4903
 
Anecdotal evidence clearly suggests otherwise (specifically with regard to ONSL)

Sam, Can you point me to the evidence ?

UBID ....Yet, as far as the online auctioneers go, ONSL seems to have the highest upside

First as you know UBID is not shortable yet. As for ONSL, the bottom line is how much revenue growth it will achieve this Q. AMZN indicated that it's selling at 4 times last year's pace. Analysts project etailers like CDNW and NTKI to report >50% sequential revenue growth because of the holiday season. I seriously doubt ONSL will generate sequential growth anywhere near 50%, based on the number of bids to-date. In fact, I think the sequential growth will be about 20% - 25%. As for comparison with UBID, the best we could do is look at the Q2/Q3 numbers. UBID sales increased 127% from 6.3 MM to 15.3 MM, while ONSL's sales only rose 14% from 50.8 MM to 57.8 MM. No firework there.

Regards,

Tom



To: sam who wrote (2482)12/14/1998 9:29:00 AM
From: D.J.Smyth  Respond to of 4903
 
it's the senate's vote that counts. The House vote is posturing. The senate vote requires constitutional majority. The votes aren't there.