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


To: Gary Wisdom who wrote (3953)4/1/1999 5:06:00 PM
From: GraceZ  Respond to of 4903
 
I bought more ONSL last September, on one of the darkest days....even my broker said, "You're going to buy in this market?" What a difference six weeks made back then. Have faith.
Business buyers like myself want to go somewhere where we know we can get what we need. Every time I shopped somewhere else in the last year....to beat a price or get something they didn't have, I was sorry. I've got a small business and I've spent over 15k there in less than a year. My brother-in-law buys tech for a big drugstore chain, I told him about ONSL last summer and now they buy all of their monitors there and their servers and network equipment...etc etc. I've spent maybe $200 at Amazon (and I thought that was excessive) in the last year.
Onsale has customers that have spent in the millions. You have to ask yourself, which is the business you want to be in? Do you want to sell higher volume to fewer people or lower volume to more people? I think that they have specifically targeted the "low maintenence" business customer. I don't care if I get an OEM cd-rom without a driver....because I know I can pick up the latest driver on the web, I'm not going to call them and ask for help. The most expensive things in computer products are returns and support. I think it'll just be a matter of time before the also rans run for cover. I don't think that people like me are going to be buying that much from Amazons auctions. Ebay was always a pain-in-the-butt because of the money order thing and the stress of not knowing if your dealing with a con artist. I think that even though the situation is getting crowded, the market leader will make it.



To: Gary Wisdom who wrote (3953)4/1/1999 7:53:00 PM
From: D.J.Smyth  Read Replies (3) | Respond to of 4903
 
<<There's no one that's long in this stock that has a profit for the past 200 days. it will take a buyout to move this, nothing less will do>>

I have an overall profit Gary; although we've had to short term it (what seems like constantly) to do it (and not for 1/8ths scalping), as negative volume has come too quick too fast too screw with. My latest small trade, though, is in the red. We need Mary Meeker, not necessarily a buy-out (although that should work too). Why the market makers don't give this issue long term support is curious (relative to other nets) and should be looked at. Last quarter's pronounement probably has a lot to do with the current price. But, their AtCost is going well (so we're told).



To: Gary Wisdom who wrote (3953)4/2/1999 12:37:00 PM
From: Mark3000  Read Replies (1) | Respond to of 4903
 
" but there's
so many idiots in this stock trying to scalp 1/8s that there is a ton of overhead resistance."

so taking a profit makes us idiots? 1/8 on 2000 shares is $250.

Do you smell what the Rock is Cookin?
($250 pays for a whole year of WWF pay per views)