eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 82.69

+2.2%

2:51 PM EST

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To: Dennis Kern who wrote (4502)	8/5/1999 5:01:00 PM
From: paulmcg0	Read Replies (4) of 7772

I guess you have never had the term "sucker's rally", where a stock in decline makes a brief turnaround, but the long term trend is down. So, let's see... with today's gain in EBAY's price the stock price is back to where it was a week ago. Of course, another way to look at this situation is that by my calculation, EBAY has lost almost 17.7 billion dollars worth of its market cap since the 52 week high, but that shouldn't bother you... Even the famous financial manias of the past, like the Dutch Tulipmania or the South Seas Co. bubble had days like today, but they all crashed eventually.

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