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

To: Jason Chesshir who wrote (3207)	1/6/1999 4:46:00 PM
From: D.J.Smyth	Respond to of 4903

If GMAI (Greg Manning) did this well, what did ONSL do in sales? ONSL had to have had a good past quarter. Someone mentioned that their laptops were skimpy. I checked back each day after that and each day they had new, additional laptop auctions which were quickly sold. So, they are selling products, laptops included. 15:27 DJS Internet Auctions To Boost Sales For Greg Manning Auctions 15:27 DJS Internet Auctions To Boost Sales For Greg Manning Auctions WEST CALDWELL, N.J. -(Dow Jones)- Greg Manning Auctions Inc. said Wednesday the company expects to report a profit for the second quarter ended Dec. 31, even factoring in the costs of purchasing Teletrade Inc. in October. The company (GMAI) said it also expects "record" second-quarter sales, mainly due to Internet auctions. Greg Manning said about 40% of its sales during the second quarter were generated by Internet-related auctions. Citing the purchase of Teletrade, the number of auctions rose to eight to nine auctions a week from about five auctions per quarter previously. Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved. 01/06 3:27p CST