i would be VERY CAREFUL buying ebay because
i hear on the 24th of this month the lock up on the insider is going to open up and i would expect alot of insider selling,,also the actual announcement is on monday,in addition i expect yhoo and amzn to join the consortium,,msft has alot of eyeballs and lots of cash to promote its new site,,,the real problem with ebay imo is a really big one and that is VALUATION,,ebay at aruond 60-70 is still overvalued but in internet world fairly valued,,look at pcln,,plus alot of shorts will be jumping in today ,,also i would not play this or any market in oct.. |
