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

To: LaShark who wrote (2955)	12/30/1998 11:06:00 AM
From: PAL	Respond to of 4903

If you had puts, nice call. No, I don't have puts. I am thinking of selling Jan40 puts. That is about 2 weeks away. If I get assigned, then in essence I am paying 40 minus premium of 3 1/4 equals 36 3/4. If ONSL stays above 40 come January 15 (about 2 weeks away), I get to keep my premium. There are both positive as well as negatives of the company posted here, so you have to make a judgement. I for one think that ONSL at 37 is a good risk considering that there are more business to come with ONSL.