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Technology Stocks : eBay - Superb Internet Business Model
EBAY 87.43+0.4%10:41 AM EST

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To: Steve Smith who wrote (4844)8/12/1999 6:20:00 PM
From: J. C. Dithers  Read Replies (2) of 7772
 
Only thing keeping eBay afloat are daytraders? I hardly think so.

Check out Thompson I-watch at: thomsoninvest.net (enter EBAY)

Lots of institutional buying interest today.

Daytraders don't mean jack to the top tier nets. Nothing can stop the momentum of these companies into the last quarter, least of all daytraders. 2000 will be an incredible year for all of them.

Look what the Red Hat IPO has done over the past two days. Despite all the attempts to bring the nets down, this is the sector where everybody wants to be, in their hearts.

Ebay may retrench a little after this run-up (it's still only August), but a little tidbit of good news and thar she blows.
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