eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 82.47

+0.4%

Dec 5 4:00 PM EST

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To: LTK007 who wrote (5512)	9/21/1999 6:10:00 AM
From: re3	Read Replies (1) of 7772

max, i tend to agree...but if you have been on the amzn thread, there are some very sharp people who told me not to go against ebay...no guarantee they are right or wrong, but some of them have extremely good track records on the i-net sector... i think though, if one looks at it purely from a demand/supply for the shares point of view, its hard to imagine who will demand the shares the insiders are selling...i'd be curious to know who bought so much of the stock when it rebounded in august so drastically...was it a fund or two...surely many daytraders have been broken and don't have the funds to step in... i am a gold bug and if you add up the mkt caps of the top gold co's, say au, abx and nem, you don't even come close to ebay's . James Grant, in the Trouble With Prosperity book he wrote, mentioned presstek's astonishing mkt cap at the time...it was nothin' compared to the likes of ebay now... i can't understand the promotion of these co's...couldn't amazon auctions or yahoo auctions grab a piece of market share easy by giving out free hats or something by completing a # of auctions...heck for a free t-shirt, i'd switch my email from yahoo to elsewhere... ike

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