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


To: zurdo who wrote (2961)12/30/1998 11:38:00 AM
From: sam  Read Replies (1) | Respond to of 4903
 
They had two press releases yesterday! In my opinion, management is doing fine. I understand the frustrations of longs, but this is the way the market works -- particularly with regard to ONSL. Violent swings up, violent swings down. Being a shareholder is not for everyone. But remember, ONSL is still up dramatically for the last two months. And ONSL isn't the only stock to be getting hammered. Both EBAY and UBID are down about 40 -- each. JMO



To: zurdo who wrote (2961)12/30/1998 11:42:00 AM
From: PAL  Read Replies (1) | Respond to of 4903
 
Zurdo, did not management issue a lame news release yesterday, plus another one about Xerox? An underwriter has a fiduciary obligation to the company. In addition, there are a lot of lucrative business as why an underwriter supports the company: secondary offerings, M&A, partnership with other companies, equity investment, defending hostile takeover etc etc.

The internuts start getting gravity in this tulip mania. ONSL found this gravity sooner than others.