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

To: zurdo who wrote (4117)4/16/1999 1:23:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 4903
 
Here's a dinK:

It's interesting to note that Raymond James analyst Leigh justifies Amzn's low margins vs. growth, but can't justify ONSL's slighty higher margins vs. growth. His assumption that increased spending will lower margin? ONSL has $47 million in cash. Some fancy bookwork could keep much of the increased spending from current operation expenditures (ONSL's plan, of course - or did he forget to ask?), such that, margins remain unaffected while the advertising is occurring. No other auction related retailer company has as much cash, other than EBAY.

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To: zurdo who wrote (4117)4/16/1999 4:07:00 PM
From: GraceZ  Read Replies (2) | Respond to of 4903
 
This crossed bid thing has been happening ever since the new NASDAQ rules. The MMs can't confirm prices with each other because it is called price fixing, which is what the new rules were suppose to get rid of, that and the big spread between the bid and the asked.

Interesting when the bid is higher than the ask!!!..


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