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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (6712)	1/19/1999 12:04:00 PM
From: LastShadow	Respond to of 43080

ONSALE INC (51-15/16, down 6-1/2 @ 11:18 ET) expects to report a 4Q loss of between $0.15 to $0.17 a share on revenues of about $59 mln. The online retailer said it expects its margins for the 4Q ended Dec. 31, 1998, to be in the range of 8.5% to 9%. A First Call survey of 14 analysts estimated the company would report a loss of $0.16 a share in 4Q. Onsale attributed the expected rise in revenues from $33 mln a year ago to "strong growth" in sporting goods and consumer electronics, which represents nearly one quarter of its sales. But, gains in those product groups were offset by falling computer product revenue due to the seasonally limited availability of excess and refurbished goods during the main holiday-selling season.