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Technology Stocks : eBay - Superb Internet Business Model
EBAY 84.29+0.6%11:15 AM EST

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To: paulmcg0 who wrote (4858)8/13/1999 5:12:00 AM
From: paulmcg0  Read Replies (2) of 7772
 
I did some research to put EBAY's current market capitalization of more than 10.9 billion dollars into perspective.

* The market cap for EBAY is larger than that of Rockwell International (NYSE:ROK), a large conglomerate with 7 billion dollars in annual sales and thousands of employees.

* The market cap for EBAY is larger than the --combined-- annual budgets of the 3 largest US federal law enforcement agencies, the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA), and the INS (Immigration and Naturalization Service).

And people wonder why I think that EBAY shares are insanely overpriced!
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