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


To: John Finley who wrote (3413)1/14/1999 9:12:00 AM
From: Apache Indian  Read Replies (2) | Respond to of 4903
 
Fidelity is privately held. btw ONSL has had lower highs 108, 75, 60, seems to me its going to take a lot to reinstate faith in people to buy at 52-55+ now, unless we get some real good news,

I think the earliest news we'll see is the earnings, sometime in February, and I'm not too excited about it, I dont see much developments about the b2b site happening before VERT ipo too.

Sorry if I sound short, but I'm selling all my shares and buying a bunch of Feb 50 puts. (I do have June 25 calls as a hedge, just in case we hit some big news) I'll reverse course when we hit 30s. ONSL is a great stock cause it can be played both ways.

This is my 2c only. I could be wrong.