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Technology Stocks : EBAY GREAT NEWS !!!!!
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To: aaaaaac who wrote ()8/9/1999 4:55:00 PM
From: paulmcg0   of 25
 
"AND RESUMES TRADING AT 150"

I think you need to shift your decimal point one place to the left -- at the rate eBay is going, it could eventually hit 15.00 per share!

What you are probably doing is thinking that there is some way of "talking" the share price of EBAY back up to recover some of your losses. If you look at EBAY from a technical or fundamental analysis point of view, you'll see the trend is still down. The plain unvarnished truth as I see it is that people who continue to hold on to long positions in EBAY are going to get hurt badly.

But, look at it this way -- the IRS will let the EBAY longs claim up to $3,000 a year in capital losses on Schedule D in the 1040 tax forms. Small consolation, but take what you can get.
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