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

To: D.J.Smyth who wrote (3110)	1/4/1999 4:13:00 PM
From: larry	Respond to of 4903

I think ONSL closed strong today. Sold Jan. 45 puts for 5 1/2 and 6 today. Will probably hold till the option expire. I do believe that this issue is cheap compared with its peers, of course its peers are mostly overvalued. Made a killing today with AOL. Shorted 1k shares last Thursday (got filled after the close) and covered at 148. Went long 2k at 147 and sold at 152. Then went on to sell more naked jan. 150 naked puts with premium at 13 3/8. I love this issue and won't mind if the shares are to put to me later. I think that I should just quit my job and daytrading for fun. Made enough last year for me to retire at 31. good luck, larry!