Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jazz102 who wrote (3445)	1/16/1999 9:23:00 AM
From: PJD	Respond to of 4903

Think about it...why would a brokerage/analyst open up coverage with a "sell" rating....? That would be like someone joining a new company and saying on the first day." I don't want to work here anymore". It is more likely that they don't want to appear over zealous at this time and also may want to gain a position in ONSL before a big run-up. After they have covered the stock for awhile and change ratings from a buy to strong buy to hold (as an example) would I consider that a signal to sell....but thats JMHO.. GO ONSL !!!!!!

To: Jazz102 who wrote (3445)	1/16/1999 11:06:00 AM
From: Sabrejet	Read Replies (1) \| Respond to of 4903

Many brokerage firms get paid by the accuracy of there recommendations and the price of the stock with reference to when they made the rec. Initiating with a SELL rating tells me that this analyst does not get a bonus on a "hold" rec. He/she feels that this is probably the peek and may figure easy money! Somewhat like shorting! As we all know, the time to buy is when everyone is throwing the stock out the window. The time to sell is when people can't get enough of it. That's why I covered my short on the open Wednesday morning.(as a trader, not a long term short). In my opinion, the timing and "guts" it took to issue a sell is a puzzle to me unless he feels the whole market is heading south. The market will retrace but there are too many questions with ONSL to have ANY of the relevant answers. sz