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

To: ratan lal who wrote (3281)	1/8/1999 11:13:00 AM
From: Mark Oliver	Respond to of 4903

<We all know that the margin on computer equipment is no more than 10%. So how can anyone auction off NEW Computer Equipment.> It's like anything, if you buy in volume, you pay less. So, a store that wants to get the price for 100 units, but can only realistically sell 60 would save money selling the extra 40 units through Onsale even if they broke even on the deal. If they could make a little profit in addition, the deal is even sweeter. Schwab's trading site freaked out this morning, so I sold my ONSL shares. Hope for you all that I was wrong. Maybe I'll be back in on Monday. Regards, Mark