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

To: Jazz102 who wrote (2843)	12/26/1998 1:26:00 PM
From: sam	Read Replies (2) \| Respond to of 4903

The point wasn't that ONSL wasn't recently in the 30s. We all know its recent trading history. The point was that the article implied that its initial rise wasn't warranted. Thus, the return to the 30s was "not surprising." Was the return to the 60s warranted? The writer doesn't offer any guidance. But the implication is clear: No. There's a belief among many that "what goes up must come down;" and that the internet stocks are 'tulips' rising on "irrational exuberance" and not on fundamentals. ONSL is an internet stock and will get treated accordingly by many. My advise to the longs? Get used to it. And read everything with a critical eye. Everyone has an agenda. Money talks. FWIW Jazz, let me take a wild guess. You were long. You very recently sold. And now you would like to buy back in at as low a price as possible... ;)