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To: iowamann, Spam Queen who wrote (346)	8/12/2001 12:28:18 AM
From: mishedlo	Read Replies (3) of 2290

Long term Ebay will take a 70% hit. You can take that to the bank. Its PE is totally abusrd and it is just this years "darling" no more no less. Last year it was Gilder darlings like PWER that just kept going going going. When it cracks it will not be pretty. Down 20 points in a few days on ANY sign of weakness. Other than a reasonably strong chart(but obviously weakening IMO) what do you like about EBAY. How much more upside is left on a PE of 260 or whtever? I just closed my EBAY puts for a profit so another absurd runup would be welcome. BUT the 13 EMA is about ready to cross the 50EMA. If and WHEN it does(and it will, it will fall to the 200 EMA) in a hurry IMTO. I expect a bounce off the 200EMA just before all hell breaks loose. I intend to be short EBAY when it happens. M

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