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Technology Stocks : eBay - Superb Internet Business Model
EBAY 81.27-0.7%Nov 19 3:59 PM EST

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To: LTK007 who wrote (5729)10/3/1999 5:13:00 PM
From: Bill Harmond  Read Replies (3) of 7772
 
I'm not worried about the leaders. I think the viciousness of the spring decline can be laid to two factors...the 30% rise in long-term rates and the near-simultaneous decisions by the brokerage firms who hiked margin requirements on the group and applied the new requirements to existing positions.
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