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Technology Stocks : eBay - Superb Internet Business Model

EBAY 87.10

-0.8%

Dec 30 3:59 PM EST

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To: J. C. Dithers who wrote (4853)	8/13/1999 2:05:00 AM
From: paulmcg0	Read Replies (2) of 7772

Just how long do you think EBAY can hang on to their insane valuation? Do you think EBAY will be perpetually divorced from their economic fundamentals? Do you think it is somehow possible that EBAY will go up forever, thus violating the laws of mathematics? Take a look at biz.yahoo.com if you want to see a company whose stock price is seriously disconnected from reality. Oh, I forgot - in this "new era" fundamentals like the P/E ratio and price-to-sales ratio don't matter anymore, but what matters is how much gullible investors are willing to pay for a stock.

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