SI
SI
discoversearch

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: Jim Johnson who wrote (3822)3/8/1999 11:43:00 AM
From: Jim Duffett  Read Replies (3) | Respond to of 4903
 
Just a heads up - ONSL getting a little pop today from the 10 millionth bid announcement.

This is being misread and is NOT a positive development. The 9 millionth bid announcement was on 12/16. That means that it was
81 days between 9 and 10 million. To put that in perspective the fastest in the past was 46 days.

Either they changed the way they account for bids without telling anyone or sales suck again and the atCost is cannibalizing the atAuction sales more than originally thought.

Learned long ago the hard way not to ignore signs because I am long on a stock as I have been here since last July.

Luck to all,

Duff