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Technology Stocks : eBay - Superb Internet Business Model

EBAY 93.60

-0.3%

Jan 23 9:30 AM EST

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To: paulmcg0 who wrote (4807)	8/10/1999 6:10:00 PM
From: J. C. Dithers	Read Replies (2) of 7772

"the famous misconceptions that many stock investors believe" What makes you think you are so much smarter than other investors? I think your sour view of the world (so typical of short-sellers) has clouded your logic and common sense. You are saying that brokers will sell their clients anything, or recommend any stock, just so that they can make more money themselves. No one would doubt that making more money IS the motive of Fidelity or Schwab (duh!) -- but wouldn't this be a totally self-defeating and short-sighted way to go about it? Don't you think that the average investor pays a bit of attention to how past recommendations of their broker have panned out? How long would you last in the brokerage business if you were constantly recommending stocks that went nowhere? In your analogy of the grocery store, would it be a good strategy if the chicken recipes tasted awful? Not only do you denigrate the intelligence of other investors, but also of the brokers themselves. Not to mention grocers! Statements that begin with "Few people understand ..." reveal an ego complex at work. As I say, typical of the short-seller mentality.

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