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

To: zurdo who wrote (4098)	4/16/1999 9:26:00 AM
From: Apache Indian	Read Replies (2) \| Respond to of 4903

I'm acutally surprised how First Call had a revenue estimate for Onsale this Q. AtCost is a completely new line of business for the company, no history available. I'm sure they do their full analysis, thats how their e.p.s. estimates came so close (actually I believe they hit the 28 cents loss bang on the head) Its true Onsale has never been in the good books of Wall Street or the Media. else we wouldn't be sitting here on a market cap of 600 mil when money losing companies with 1/10th their revenues trade in multiples of billions. Maybe Onsale should have spun off ATCost.com as a new IPO, think with 20 million in 1Q REv. it would have its own market cap in the Billions by now. We might see 31 low today, we had significant revenue growth this Q, so after the panic is over we will rebound back on Monday, and go steadily up from there, Nope I'm not buying any more today though. I've had it with the press coverage this company attracts.