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Technology Stocks : eBay - Superb Internet Business Model
EBAY 82.47+0.4%Dec 5 9:30 AM EST
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To: Becky who wrote (1622)2/8/1999 7:45:00 AM
From: sam   of 7772
 
Here's my opinion -- and is in no way meant to be advise. First, please tell me you are not on margin. If you are on margin, do whatever you can to get off of margin. You may lose some money, but it is IMO very unsafe to be on margin as the market corrects. Second, please tell me that you do not need this money now. An EBAY investment should be considered in the "very risky" category. Third, if you decide to stay in EBAY get yourself prepared for 'anything.' Day to day tribulations in a stock like EBAY can tear one apart. Get used to it. And also get used to reading a lot of negative posts that are meant to undermine your confidence. Keep your focus. Know what your investment goals are. Don't panic. But don't stay with a company that is changing 'fundamentally' for the worse (that said, I do NOT believe EBAY has changed yet for the worse). Fourth, and finally the good news, I believe EBAY is here to stay --- and that it will be one of the major players on the internet. It has a great model. And I think all the fraud talk is a non-issue. EBAY will soon be splitting 3 for 1. I'd bet you'll do fine -- in the long term -- with your investment. But it won't be easy. And it might not be quick -- although it might turn around tomorrow for all I know. I hope this helps. Again, just to be clear, I have no investment whatesoever in EBAY at the moment.
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