eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 83.82

+3.7%

Nov 7 3:59 PM EST

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To: SLSUSMA who wrote (7131)	1/17/2003 3:16:37 PM
From: AJ Berger	Read Replies (1) of 7772

I'm holding short for now I don't think this earnings report is attracting any new buyers, rather we are simply seeing recent shorts cover, and bet elsewhere. I'd rather wait till Tuesday before making any moves, even if it cost me a buck more to wait and see. $20mil more of Interest income and proceeds from the sale of a property you lost over $100mil since you purchased it is not the kind of "growth" and "earnings" that warrent gaining a Billion dollars in extra market cap today. It's just insane. If you believe that insanity, then you believe ebaY must always trade at a 100 p/e, and that would be the only reason why it will ever get into the $80's.

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