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


To: Gary Wisdom who wrote (4142)4/17/1999 10:11:00 AM
From: RON BL  Respond to of 4903
 
Gary I am with you. I made a lot of money last year on this stock during that one week. I bought at 22 and sold at 100. I then watched it fall and started getting back in a little while ago. It is just too attractive at this price for the huge growth it is experiencing.
It seems that the shorts would be better served elsewhere as their isn't much left to grab.
As you said "2.9MM shares. That's not even in the top 7 volume days this year. That is totally pathetic for a major rout."



To: Gary Wisdom who wrote (4142)4/17/1999 12:00:00 PM
From: Oliver & Co  Respond to of 4903
 
Thank you Gary for all your work. I am in full agreement. Like I said before, the media really punished ONSL yest. Its funny, they did not have a mention just a couple of days before of the patent issue. I read the report and it did not look anywhere as bad as they are saying. And, obviously, someone wants this stock down. Just look at the short interest, it has been going up for the past 5 months.
We have all seen this happen before. Just a couple of months ago, SPYG was killed, and lawsuits filed. And look whats going on now.
As far as I am concerned, I believe that ONSL is a good company, with excellent management, probably the bast thing to do with the stock is to hold a portion long term and play daily or short term with another portion. I have been doing that with my holdings and it is working very well. These internet companies can explode from one day to next. I think the big boys know that ONSL will explode and are just loading up. Definetly, they know more than us, and can play the stock. People tend to panick when stock drops. As James Dines says, what just happen is actually very bullish. When the news and the anal-ysts turn against a stock like this, and it drops this way, this will reverse shortly.
What do you think will happen if ONSL really goes after E-bay, amzn et.al for patent infringment?
Thanks again,
JLL



To: Gary Wisdom who wrote (4142)4/17/1999 12:44:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 4903
 
>>>Did anyone notice that yesterday's volume was absolutely NOTHING?

that's interesting

makes me think that Funds did not sell

ok

so, if funds didn't sell

and shorts covered

scared out the many little novice guys

AND
we got downgrade(s)

Onsale ONSL EVEREN Sec. IT Mkt Perform » IT Underperform
Onsale ONSL Hambrecht & Quist Buy » Mkt Perform
Onsale ONSL Needham & Co Buy » Hold
Onsale ONSL Pacific Crest Sec Buy » Mkt Perform
Onsale ONSL Raymond James Accumulate » Neutral


It'll be interesting to see who's on the bid come Monday.

I wouldn't be surprised to see some of the above names buying.

So the Analysts give downgrades so that the funds can buy the shares cheap or OnSale LOL

the old saying goes "sell on buy, buy on hold"

it makes sense.

ONSL will gap up on Monday, at least a dollar. Anyone wanting to bet a cola?

sue