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Technology Stocks : eBay - Superb Internet Business Model

EBAY 84.43

-3.8%

3:59 PM EST

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To: zsteve who wrote (5780)	10/8/1999 5:48:00 AM
From: KeepItSimple	Read Replies (4) of 7772

>Where did you get this info? maybe it's time to buy some puts of this > monster. It was stated in a filing with the SEC about 1 week ago. It is no coincidence that the brokers who are acting as the selling agents for those VC's and insiders immediately re-issued "buy" ratings. It's called "pump and dump", plain and simple. The total volume of these VC and insider sales will DOUBLE the outstanding float. In other words, insiders and VCs are selling roughly the same amount of shares that currently are trading. (they are selling around 15 million shares, or just over 2 billion dollars) This pig is going to crash hard, and probably within the next few days. My personal guess is around 80 by wednesday- which is where ebay was just a month ago.

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