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

To: j_b who wrote (2547)	12/17/1998 4:57:00 PM
From: D.J.Smyth	Read Replies (2) \| Respond to of 4903

j b <<Until ONSL has fundamentals on which to gauge its value, it will continue to bounce around.>> we all know the fundamentals are there, I believe those shorting those stock at price points are betting on the general market demonstrating ignorance regarding their overall model this stock trades at 2.5 X Sales (next year's sales expectations of $335 million). Next year's sales expectations do not currently include (a) Yahoo advertisement revenue sharing agreement for person to person, (b) new agreements with Vertical Net, ACTC and others to market products over their web site, or any (c) new agreement to come along between now and then. The business to business model is a commission sharing agreement, whereby ONSL acts as an agent of sale along with Vertical Net. This means that nearly all monies earned goes straight to the bottom line; probably 80% of commissions earned will be gross profit. ONSL will not act as a means of storing goods shipped or sold by business to business clients. The businesses themselves will ship the goods based on orders received. So, like EBAY, ONSL will now collect money as an agent without inventory expenditures.