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Technology Stocks : eBay - Superb Internet Business Model
EBAY 82.78-0.2%10:35 AM EST
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To: Doug Fowler who wrote (4089)7/13/1999 1:45:00 PM
From: Terr  Read Replies (2) of 7772
 
Doug, TheStreet.Com reported Nielsen ratings for EBay -
they did not generate those ratings, just reported them.
You can also see from the story that Amazon's auction's
traffic is doing even worse than EBay's.

EBay's growth is slowing (if not stalled completely).
The valuations of this company are based on 100% growth
in the next 5 years at least. Since that seems completely
unrealistic at this point, the valuation will change
downwards dramatically.
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