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Technology Stocks : eBay - Superb Internet Business Model

EBAY 82.78

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To: Doug Fowler who wrote (4182)	7/21/1999 8:11:00 PM
From: mrknowitall	Read Replies (2) of 7772

Doug - I've noticed national radio spots for ebay . . . don't know how often they run, but my limited research says the primary reasons for people not bidding focus around two key issues: 1) Lack of trust in the internet and in people they don't know, can't see and are therefore, wary of; 2) The idea of an auction in and of itself. I have talked to people that think auctions are simply a sellers tool to make people pay more for things than they are worth. The issues surrounding not registering as a seller involve not knowing what the item they have to sell is worth or what they would accept for it - a tricky, slippery slope for many. Those who have decided to make ebay the focus of their net business are, in fact, already in business and have a sense of what they're selling and what it is worth. All in all, until ebay addresses the "confidence" issue for the uninitiated, I don't see how they can incrementally grow the number of sellers and bidders beyond the expectable growth of "converts" that join the internet business community - and surely, that pace is not going to be as rapid as it has in the last year or so. Mr. K.

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