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Technology Stocks : eBay - Superb Internet Business Model

EBAY 90.15

-1.5%

Jan 7 3:59 PM EST

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To: McNabb Brothers who wrote (3200)	5/14/1999 4:30:00 PM
From: blue_lotus	of 7772

Hi McNabb, > I sold some June and July 150 puts on EBAY and received $9 and $15 for each, so if I get them put to me I will be in EBAY at $141 and $135 cost basis. Good Move. You are right, Ebay has good T.A. support at $170-$175. Though I think we will re-test that support, we should bounce off. Thus, anything below that seems good from a short term T.A. perspective. Form an F.A. perspective though things could go really bad. But hopeful we will not have to go there any time soon. Have a good weekend. -Raj

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