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

To: D.J.Smyth who wrote (3604)	1/25/1999 8:24:00 PM
From: Brian H.	Read Replies (1) \| Respond to of 4903

Darrell, That was my biggest concern with Onsale. They had all they could do to barely equal last quarters revenues. Considering that incredible quarter over quarter growth is what is driving the Inet's. Onsale is trying to use the atCost model to increase revenue at the huge cost of negative EPS (Est. -$.90 for FY 99). Did you see that UBID had a PR after the market close today, stating that they were happy with the auction business and were not going to enter the wholesale business like Onsale. Ubid is more concerned with building on what they are successful at. I am very disappointed that Onsale, which had the industry lead in the Auction business, now is faltering and resorting to other low margin, untested, very risky means to attempt to salvage the company (JMHO). Brian H.