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Technology Stocks : eBay - Superb Internet Business Model
EBAY 93.02-3.2%Jan 16 3:59 PM EST
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To: Don Edgerton who wrote (431)10/26/1998 6:32:00 PM
From: Kevin McKenzie  Read Replies (1) of 7772
 
To be honest, I think Yahoo does provide person-to-person auction service. But if I were going to sell something (which I do from time to time) I would only use Ebay, because it brings in so many bidders.
I would be willing to pay the commission to get Ebay's consistent viewership.

Of course, if I wanted to buy something, I might check Yahoo first. However, chances are you won't find what you're looking for on Yahoo (at least not yet). As I write this Yahoo has a little over 43,000 items listed; Ebay has over 800,000.

Try this experiment: go to Yahoo's site and search for a half-dozen or so obscure things (original oil paintings, civil war period signatures, museum quality jewelry, etc) Now search for the same list at Ebay. I bet you'll get at least 20 or so hits on Ebay no matter what you're looking for (within reason). I bet you won't get any hits on Yahoo for several of your items.

I think Ebay has a huge (maybe insurmountable) leap on competition. I don't think sellers mind paying the commission in exchange for the increased prices.

Like I said before though. It seemed prohibitively valued at 63 7/8, it then went to 73 1/2 within hours. Internet stocks are scary.
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