eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 83.82

-0.7%

Nov 14 9:30 AM EST

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To: Hubert Few who wrote (4978)	8/20/1999 8:28:00 PM
From: Frank Luongo	Read Replies (1) of 7772

I am a very active ebay seller and a stockholder. I have an impeccable and extensive feedback. I am really pissed at this new charge for reserved auctions. I will be actively seeking alternative auction sites to list my items. Ebay could easily have taken a more constructive approach to the problem. They could easily program their site to require bidders to inform ebay if a purchase has been made from an auction in which the reserve was not met. They could easily disallow a bidder from further bidding until the bidder posts the answer to one or more questions which would give ebay the information they need to track what they think are afterauction sales. Nonetheless, Wall Street is going to like this announcement in the short run unless there is a decline in number of auctions as a result.

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