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

To: sam who wrote (2624)	12/21/1998 4:45:00 PM
From: sam	Respond to of 4903

From Steve Harmon's Morning Internet Report: fnews.yahoo.com Sale-A-Bration "Steve, what do you think about ONSL being undervalued compared to all the other Internet stocks. Do you think they have a lot of potential as a long term investment? Your input is highly valued and I weigh it heavily when making my financial investments." Reply: I've always been a fan on Onsale (NASDAQ:ONSL - news) and think its model of etail to be superior to straight etail as in the Amazon model. If done correctly Onsale should be bigger than Amazon since Onsale sells everything while Amazon wants to sell everything. (But brandshare favors Amazon, see above). That's why eBay (NASDAQ:EBAY - news) is so hot--it's stolen some thunder. Onsale was public long before EBAY and while they're different auction models eBay looks like an even better way of doing it--almost zero overhead, no inventories to speak of. Huge profit margins. The downside to EBAY from our view is simply that it's a classified ad service under the hood, with far too much hype surrounding it. Not to mention the dictator approach it has with customers who complain. Off they go. Truly great companies welcome criticism and learn from it.