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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: If only I'd held who wrote (107989)5/16/2001 10:36:38 AM
From: Frederick Langford   of 108040
 
EBAY--buy recommendation on Cabot's newsletter today
Today we're adding another stock to the Model Portfolio. It's eBay
(EBAY), the world's leading online auctioneer. eBay's business is
booming, with sales growing around 80% and earnings exploding higher
at triple-digit rates. Just as important, this company's potential
market is mind-boggling, as every item an individual or business
wants to dispose of could one day be sold on eBay's Web site. We
expect this firm to grow rapidly for many years to come.

And we believe its stock will do terrific. After a long decline, the
stock has bottomed and rocketed off its recent low, while its RP line
has quietly moved higher for many months. We are adding a half
position in eBay to the Model Portfolio and advise you to do the same.
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