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Technology Stocks : eBay - Superb Internet Business Model
EBAY 82.79+0.4%12:59 PM EST

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To: Jeff Dryer who wrote (4278)7/26/1999 9:11:00 PM
From: Steve Antonelli  Read Replies (1) of 7772
 
Hi Jeff... in comparing Ebay to Etrade, shouldn't we take into consideration the market share which Ebay has compared to it's competition? One can open up a brokerage account at any number of online brokerages and have access to the same stocks. I can buy and sell Yahoo for example with nearly identical results whether my account is with Etrade or discoverbrokerage (which it is, BTW)...

With EBAY, as has been stated often on this thread, what makes it so attractive is the volume of buyers and sellers. This is what distinguishes it from it's competitors. I'm not sure what is so special about Etrade (would love to hear as I have considered it as an investment at some point)...

Now, I have been one of the critics of EBAY for the past couple of months. I still think they need to address their customer service issues, and obviously the reliability issues. But, EBAY is now starting to get to the attractive buying level that I thought might be possible. I will be seriously looking at making a buy if it hits 80 or lower. Doug has stated 50... which kinda blew me away. Could EBAY go THAT low? If it does, what a tremendous opportunity that would be....

disclamier: neither long or short EBAY, but long on others and getting killed right now!

PS: GNET starting to look real attractive too!
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