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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: J. C. Dithers who wrote (5513)	9/20/1999 11:19:00 PM
From: Tom Markowski	Read Replies (1) of 7772

Yahoo Auctions can only continue to eat away at EBAY's growth. I decided to auction off a pair of NY Giant's tickets on Yahoo. My auction has been going very well, with over 24 bids. More then I ever received with EBAY. auctions.yahoo.com Either way with Yahoo, it is COMPLETELY FREE! So why not try to sell something here first. Nothing to lose. Ebay has just raised their prices again, and takes a cut if the item sells. Yahoo costs NOTHING! Tell me why EBAY, is trading at 500X PROJECTED earnings, when companies like YAHOO can give this service away. The idea of "quality buyers and sellers" is hype. Sellers will try the FREE auction sites first, and force EBAY to drop prices. Sellers of larger items will gravitate to "free" auction sites, to avoid paying the "hefty" EBAY commissions. Regards TM

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