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Technology Stocks : eBay - Superb Internet Business Model
EBAY 87.060.0%Jan 2 9:30 AM EST

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To: James Yu who wrote (283)9/24/1998 1:38:00 PM
From: tiquer   of 7772
 
James,

All the info is on the Etrade site.. a link is below... It is all there, just read everything..

etrade.com

This is good publicity for Etrade. They are doing the right things.. Makes me think of investing in them... worldwide the internet brokerages will do well... Etrade and Schwab seem to be doing the right things... seems like Schwab should be getting in on the IPO market soon...

Don... I did sell my 100 shares... I would have liked to own a few thousand shares but 1.75 billion is to high at this point... I say good for the owners and early investors though.. they lead the revolution and these online auctions will change commerce for ever.. And I like it... There is a worldwide market for anything now...

Seriously, the companies who should be sweating this are the Sothebys and Christies types... I'm starting to see high dollar items on Ebay.. Commissions, fees and buyers premium for items sold at a full service auction can run 25-30%... So in theory one could set a reserve 25% lower than what full price would be and still feel they are getting a very good price for their items...

Roger
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