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


To: MSB who wrote (2806)12/24/1998 3:11:00 PM
From: sam  Read Replies (4) | Respond to of 4903
 
Somebody's betting that ONSL's stock price reaches $120.00 by the third week in January. Purchases of 'far out of the money' call options are often used (and read) as a possible indicator of takeover activity and speculation. FWIW. From what I understand, ONSL is attempting to be for business to business auctions what EBAY is for person to person auctions. ONSL's person to person auction is currently not as strong as EBAYs. But, as B2B is potentially a vastly larger market, ONSL has the ability -- IF THEY PLAY THEIR CARDS RIGHT -- to capture the prize of web commerce. What do I mean by playing their cards right? (1) Partnering with the web's number one site: YHOO. (2) Getting tremendous name recognition, especially as it comes to sales to businesses. (3) Building product value and brand loyalty. (4) Getting an early jump on the competition. Accordingly, shrinking margins on the sale of low end computers, at least to me, is a necessary evil at this point. It's akin to a biotech that has a few decent drugs on the market (that's keeping the company in cash and building its salesforce), with a potential blockbuster like Viagra in the pipeline). Actually, ONSL is in a more enviable position. Where am I coming from? I am primarily a daytrader. I hold very few stocks for any length of time. ONSL, however, is one of them. That said, my position is far from complete -- and I do hope to buy more shares much cheaper.



To: MSB who wrote (2806)12/26/1998 11:12:00 PM
From: MSB  Read Replies (1) | Respond to of 4903
 
***OT***

SOAPBOX ALERT:

Note: This post is being made to myself because I do not want to infer that it is aimed at any one person, but to all. The following sentence was taken from the second paragraph of post #2827, and it is that sentence which I wish to build upon.

"All I ask is that we be honest here in our posts."

I'm probably being a bit naive, but I had always thought that was what
most people did, and if not, then wish they would without the types of
incivility which are or can be found on many of the threads.

I, myself, don't understand what difference it would make if someone is long, short, or whatever as long as they believe that the information they offer, or the questions asked, or what have you are intended in a spirit of goodwill and serious consideration. Frankly, when it comes down to it, if someone were to state their position in any stock it would be hard to verify. Also, I really don't think that the opinions of those on the SI boards are going to have a dramatic effect on what the stock does on a day to day basis especially with a stock of this capitalization. Granted, some of the micro-caps can be impacted by misleading posting, but for those in the class of ONSL, I just don't think so.

I would hope that all who post on any of the SI boards are doing so
without an agenda to mislead, but if they are, I hope I personally never get to such a point that money means so much to me that I would lie or try to intimidate others just to accumulate more of it.

And I seriously hope that those who maintain a "reader only status"
think with their heads and not their hearts when using any of the
information posted on these boards to base their investment decisions
regardless of their experience.

Lastly, while I may not have the wealth of experience that many have, I certainly hope I can get sincere answers to my questions, or un-intimidating counter-points to my comments, and hope this will and does apply to everyone else as well.

Best of luck to all.

Mike