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


To: D.J.Smyth who wrote (4027)4/7/1999 5:24:00 PM
From: Gary Wisdom  Respond to of 4903
 
Darrell, I'm listening to the Yahoo cc to see if there's any mention of onsl. Came in a little late but haven't heard anything yet. Although the idiots tanked the stock today, the chart isn't as horrible as it was last week. I'm looking for it to try to hold above Monday's close, and it has so far. The selling yesterday might have exhausted the sellers. All the volume today was on the upside.

However, there are very weak hands in this stock still. They must be taken out, or they'll sell everytime it's up an 1/8.



To: D.J.Smyth who wrote (4027)4/7/1999 6:05:00 PM
From: Gary Wisdom  Respond to of 4903
 
Didn't hear a word about onsl on the call. Don't think I missed it either. So, basically a non-event for onsale. Guess we'll have to wait til next Thursday (earnings) for any help (hopefully). However, I really don't see how they won't report great numbers at this point. If they miss, I'm sure they'd have a million lawsuits. In this environment, I really don't think that'll happen.

I'm sure the door still isn't closed to Yahoo having interest in them. The one thing they don't really have so far is a company like Onsale in their fold. They could sure use the revenue boost, although I guess that would impact their gross margins, which wouldn't be good.

Who knows?