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


To: Jim Duffett who wrote (3470)1/19/1999 9:20:00 AM
From: sam  Respond to of 4903
 
biz.yahoo.com

Personally, I am waiting for the B2B. Quarterly numbers, though relevant, will not be the major mover of the stock. Now, if they scrap the B2B, I'll never give the company the time of day again. But I don't see that happening. Yet. BTW, they are getting much better at managing p.r.



To: Jim Duffett who wrote (3470)1/19/1999 9:35:00 AM
From: Apache Indian  Read Replies (2) | Respond to of 4903
 
Yes, Susan was right on many counts.

#1. Not enough refurbished goods avaliable
#2. resulting in lower sales growth
#3. margins declining from 10,9,8,7.5
#4. moving away from auction to fixed cost since auction aint working

but I dont think we owe her an apology, sure they know more than many of us, since they have time and resources to interview the top management, doesnt change the fact that thestreet.com is a front that manipulates stocks to their own advantange.

having said that, I'm not here to fight the forces, simply use them to our advantage, and make money. Should be an interesting day for Onsale. dont know how people might react to all this news. kindof a mixed bag.



To: Jim Duffett who wrote (3470)1/19/1999 11:32:00 AM
From: Brian H.  Read Replies (2) | Respond to of 4903
 
Jim,

Yes, Sue did. Too many people are in the Inet mania. ONSL just doesn't have that growth that is needed and they are not heading in that direction. I am not sure where we are heading, but it is certainly not higher. We already know what to expect for the quarter, so no real surprise for the good. Also, to think that they could only be even with sales from last quarter in the biggest quarter of the year for e-tail, or any tail, does not bode well. Also remember that this quarter is expected to be weak in the ecommerce arena, so that does not bode well either. This company like all INet company needs to increase Sales dramatically to hold these inflated values and ONSL just proved that is is not doing it at this time.

Brian H.