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Technology Stocks : eBay - Superb Internet Business Model

EBAY 84.59

+0.6%

Dec 24 12:59 PM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (456)	10/26/1998 11:39:00 PM
From: Jose Matos	Read Replies (2) of 7772

Grim, 3 things. a) I'm not short this stock because I know better. It may be overvalued to the gills, but that doesn't mean it will collapse tomorrow. There will always be some bigger sucker who'll pay a dollar more. b) Profitable??? what a couple of cents/share?? this quarter and 14cents for the year? You gotta be kidding. This company is expected to earn about $800K this quarter. Who knows, they may blow out the expectations and come in with a whopping 1.6 Million. Still peanuts. c) I won't even get into the whole PE crap, because lets face it, it doesn't matter. Today. Or tomorrow. But Next Month??? We'll see. I've got less to lose by missing the top then by shorting it here. I'll wait till the hype and BS dies down. Then I'll consider shorting it. PS. No need to send a barrage of emails, because during work hours (9-5pm) I won't bother replying to silly one liners. Regards. Jose.

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