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


To: Gary Wisdom who wrote (4131)4/16/1999 8:02:00 PM
From: American Spirit  Respond to of 4903
 
ONSL should attract new buying next week. And of course the buying of those analysts who downgraded it. Why would they downgrade unless the wanted more for themselves? If they owned it they wouldn't downgrade it. They're traders too, remember. They upgrade after they buy and downgrade after they sell. Then they see a 20% discount and go "Wow, that worked, let's buy our shares back now". Unfortunately downgrades have a psychological effect on the market for awhile. But when nets pop again this baby will look like a bargain and will pop back. I'm not selling.