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

To: MSB who wrote (2802)	12/24/1998 1:40:00 PM
From: sam	Read Replies (2) \| Respond to of 4903

The good news is ONSL is NOT in the 50s. People are frustrated that ONSL is not moving with the power of some of the other online auctioneers. I say, so what. We're only down three points today. UBID? Down 60 or so. That's what I call 'air.' All, in all, a very good week for ONSL. Up 33%. With only one or two bad drops and one MAJOR run. Here's what we know going in to next week. Online sales are beating even the most optimistic of expectations. 3 percent of all Christmas shopping is now down on the web. ONSL's numbers will likely benefit mightily. Indeed, the relationship between ONSL and YHOO is solidifying nicely -- there's even unsubstantiated rumors that YHOO and ONSL are in merger talks. Makes some degree of sense. But is it true? Who knows. (Though somebody continues to buy the Jan. 120 call options!) If I start hearing LU being bantied about, I'll know its garbage! Plus, there's other news that can come at any time. And we all know the effect news has on the stock price. Shorts will be shorts. Let em. Daytraders will scalp a point here and a point there. But something tells me we'll be seeing the hundreds shortly. At least, I hope so. All in my opinion.