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Technology Stocks : eBay - Superb Internet Business Model
EBAY 85.30-2.8%2:37 PM EST

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To: Doug Fowler who wrote (4429)8/3/1999 9:25:00 AM
From: Peter Smith  Read Replies (1) of 7772
 
Doug,

I agree!

Getting back to what we were discussing yesterday.....I agree with your statement that fundamentals may be changing. It appears that the sentiment has changed for the internet stocks overall.

My point is that we are on a dividing line right now (or were as is fallen slightly below). I would not be surprised to see some short covering "kick in", or for Ebay to announce some positive news causing the stock to bounce from the support line keeping the mindset of the stock intact. Without the above happening, I agree with you that the downtrend will continue.

Remember that we are in summer right now, and everything slows down. I would expect the number of auctions to grow as we approach the start of the school year.

I'm new to this thread. Don't know if its been discussed before, but is there any talk about Ebay selling Ad space? I believe they currently get about 1.5 billion or something in that order of page hits per month. Also I read on Ebay users averaged more than 126.7 minutes on the site. They could make a nice chunk of change selling Ad space.

There seems to be quite a bit of OT stuff going on here. Is that normal on this thead?
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