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Technology Stocks : eBay - Superb Internet Business Model
EBAY 80.83+1.0%Nov 21 9:30 AM EST

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To: Tom Markowski who wrote (5680)9/30/1999 8:44:00 PM
From: LTK007  Read Replies (2) of 7772
 
EBAY just filed an S-3 it appears Butterfield&Butterfield,Kruse and alando have been free to unload since 9/28
also this little scary bits from many

<<We are investing heavily in marketing and promotion, customer support,
further development of our website, technology and operating infrastructure
development. We have significant ongoing commitments in some of these areas. As
a result, we may be unable to adjust our spending rapidly enough to compensate
for any unexpected revenue shortfall, which may harm our profitability. The
emergence of competitors, many of whom are offering free auctions to users,
limits our ability to raise user fees in response to declines in profitability.
In addition, we are spending in advance of anticipated growth, which may also
harm our profitability. Our historic growth rates are not sustainable and we
expect in the near term that our costs, particularly those related to site
operations, customer support, other infrastructure and our international,
regional and premium initiatives, will increase substantially. In view of the
rapidly evolving nature of our business and our limited operating history, we
believe that period-to-period comparisons of our operating results are not
necessarily meaningful. You should not rely upon our historical results as
indications of our future performance.>> Max90
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