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

To: bc_mack who wrote (3260)	1/7/1999 4:20:00 PM
From: Cathy Gustin	Read Replies (1) \| Respond to of 4903

OnSale will gap up tomorrow at 56 and go up to 68. Jump on it tomorrow...Cathy.

To: bc_mack who wrote (3260)	1/7/1999 6:35:00 PM
From: Sabrejet	Read Replies (1) \| Respond to of 4903

bc, As you know you can set a stop on a NAZ listed stock. When triggered it gets filled like a market order. Most stocks on the NAZ trade electronically, ie. orders under 1000 shares, unless the mm's disable the system: which they often do near the close. If the system is off during the day and we have an abnormal amount of activity in a stock, it is my belief that this is NOT advantagous to the normal trader. The spreads become abnormal and the opportunity for deception is increased. I have watched this stock set itself up for the swings. Just watch when the short position is allowed to increase when it rests! The internets are a money machine for the mm's. Just look at the chart patterns for ONSL and you get the picture. It's not healthy for this stock. I believe this stock has seen it's all-time high, IMHO. I am long and short this stock. sz