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


To: Apache Indian who wrote (2512)12/15/1998 6:06:00 PM
From: PJD  Respond to of 4903
 
I don't agree. You see the glass half empty I see it
half full. ONSL never really "saw" $100. For one day
it rocketed up there on no news or events. We can't control the
market. So if it does drop again all stocks will be affected.
ONSL has the potential to be the Amazon.com of the b to b world.
It can become the portal for b to b if they execute. I
do agree they need to get their mktg machine in gear. My
guess is they are planning something big and are waiting
for the timing to be right. Have patience. Nobody is going
to get rich overnight.

GO ONSL !!!



To: Apache Indian who wrote (2512)12/15/1998 9:30:00 PM
From: j_b  Respond to of 4903
 
<<It draws comparisions with companies like K-Tel, instead of an EBAY, people thing it was a one time spike, a hype stock,>>

KTel had no sales growth, no change in earnings. The only change was an announcement that they were now on the web. Absolutely no similarity to ONSL. ONSL's value (not price) has never been related to anything except their business model, market share and execution.

<<Because it bodes long term of how a company will perform in the future.>>

Short-term yes, long-term no. The institutions don't pay much attention to this stock because of the low float and the lack of earnings. If either one of those changes, the institutional interest may change. Whenever analysts talk about ONSL on the talking head shows, they speak positively. Short-term, the daytraders rule, and the stock is highly volatile. Long-term, everything revolves around what most people see as the true value. In the case of ONSL, that has been the high teens and low twenties. All the internet hype (not ONSL hype) has increased that basic level to the mid thirties. The $108 was a buying panic, and never should have happened.

The internet stock prices are not rational right now. Someday they will be, and the EBAY's, AMZN's and the others will get hammered. ONSL, on the other hand, is a real company with real promise, and if they live up to that promise is far more likely to be worth it's current $30's than is EBAY to be worth over $200. Which one do you really think will get hammered the worst when people wake up and tie valuation to earnings for these stocks?