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Technology Stocks : eBay - Superb Internet Business Model
EBAY 82.47+0.4%Dec 5 9:30 AM EST

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To: re3 who wrote (5510)9/20/1999 10:50:00 PM
From: LTK007  Read Replies (2) of 7772
 
That's what ropes people IKE,people come out with these preposterous scenarios,and people say geez they are "pros" I guess they know what they are talking about.
EBAY must make far,far, far more money now ,and do so,without even having a product.
To just get to a level to justify their present market cap
they must grow at a relentless rate,non-stop for as many as 5 years--I estimate the stock is now five years ahead of itself--gees whiz let's run the price up more and get 10 years ahead of itself,if it did manage to have 100% growth per year.
And mind you do this with a truly powerhouse alliance on your back that
intends to stop you.
This stock is a classic pyramid scheme.Have you checked the insider sales this year,now tell me who is really getting fabulously wealthy on this stock.
They talk this big talk about auctioning big things on
the site,like tractors.
Ever been to a farmers auction,it's a cultural event,and it also requires a flat-bed truck to take away the purchase.
But no now they have you believe farmers will merrily
point and click at tractor auctions---but the brainwashing
internet hucksters have you believing half the human race
will be auctioning feverishly via their little boxes--but a year from now when these growth figures start crawling in at
feeble levels for the year this boondoggle bloated pig will be slaughtered.
This,in my opinion,is a media blitz,a house of cards,a rabid fantasy--but so it goes, that life in the Brave New World.That's all folks,it's looney tune time.Max90
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