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

To: PAL who wrote (2954)	12/30/1998 10:57:00 AM
From: LaShark	Read Replies (1) \| Respond to of 4903

If you had puts, nice call. So when is a good time to hop on this one. Everytime I am ready to buy, this thing drop another 5 points. Every day it looks better and better. The chart master points to 39.

To: PAL who wrote (2954)	12/30/1998 11:04:00 AM
From: zurdo	Read Replies (1) \| Respond to of 4903

PAL, I am not criticizing you...Your input is very valuable, and helps put the entire picture in a more realistic perspective...We certainly can see that the picture at this time is not encouraging..However, my feeling is that it isn't attributable to ONSL's methods of doing business, as much as it is to MM manipulation of this stock downward...If I am wrong somebody please tell me so, with plausible reasons for the view...Just my opinion...

To: PAL who wrote (2954)	12/30/1998 11:44:00 AM
From: j_b	Read Replies (2) \| Respond to of 4903

<<Now where is ONSL heading? I am thinking of selling some puts. >> The fact that you are dealing with options makes me think you tend to look at short-term movement more than long-term. That being the case, I agree that most internet stocks will be under selling pressure during the next quarter. I doubt the sales or profit figures will support the ridiculous valuations that many internet companies have. When the AMZNs and EBAYs drop, they will take everyone else with them. Long-term, I still think ONSL is a good business with good growth prospects. I don't believe in market timing, so I think I'll just stick with my long position until ONSL management shows me they can't continue to perform. So far, they have done everything I expected.