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


To: sam who wrote (2827)12/26/1998 10:16:00 AM
From: chirodoc  Read Replies (1) | Respond to of 4903
 
sam,
we do agree
i am in this one for the long haul
but i trade 1/3 of my position at top and bottom
when it soars, like it did over 100
i sell 1/3 and then buy back after it drops

i agree that this could be in the 20's
or 200's in 12 months
but so far, they appear to have savvy management
and a good business model

and i trust steve harmon more than thestreet.com
as an internet analyst
and he is very upbeat about onsl

as for margins, yes they are important
but a well managed company can get around that
that is what they have said about amzn for 2 years
anyone who sold it 2 years ago is now looking silly

when i first bought aol at 35 people said that i
could not make money in a stock that had
such thin margins--then came advertising!!!!!

i will continue to stay here like you as they
continue to execute

as they say
buy the camel trader, not the camel

curtis



To: sam who wrote (2827)12/26/1998 10:17:00 AM
From: jjs_ynot  Read Replies (2) | Respond to of 4903
 
A few comments if I might

1) A single stock should not comprise more than 4 percent of one's portfolio at time of purchase (esp. one as volatile as ONSL)

2) ONSL has a nasty habit of gapping up and down and an investor should be prepared for that possibility.

3) Anyone investing in options should read "Options as a Strategic Investment" by McMillan. Also, a number of option resources have been highlighted here:

Subject 19444

With that, I will fade into the background.