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Strategies & Market Trends : Rande Is . . . HOME
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To: moufassa7 who wrote (50143)4/5/2001 12:37:59 PM
From: Frederick Langford  Read Replies (1) of 57584
 
eBay Revs May Top Deutsche Banc Views
Edited by Thomas Granahan
Of DOW JONES NEWSWIRES

(Call Us: 201 938-5299; All Times Eastern)

MARKET TALK can be found using code N/DJMT

12:28 (Dow Jones) Deutsche Banc Alex. Brown analyst Jeetil Patel says online
auctioneer eBay Inc. (EBAY) may outperform his 1Q revenue estimate of $150M
by 3% or more when it reports. The Thomson Financial/First Call consensus is
for $148.9M. Patel attributes his optimism to the increased use of eBay's
BuyIt Now feature, which allows buyers to bypass the auction process to
purchase what they want. The feature also increases the frequency of
transactions on eBay. Patel is reiterating his buy rating on eBay shares,
which were recently up 12% at $34.00. (RS)

Fred
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