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Technology Stocks : eBay - Superb Internet Business Model
EBAY 90.900.0%Jan 9 9:30 AM EST

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To: McNabb Brothers who wrote (558)10/28/1998 9:57:00 AM
From: hoopsville  Read Replies (2) of 7772
 
McNabb Bros,
Thank Mark Haines negative questioning on CNBC for the drop
of 6 points. In fairness to Mark they obviously weren't his
questions (were prepared by staff) as it was apparent that
Haines knew very little about how eBay operates. One question
that was obviously slanted was saying it was all over the
internet that people were getting ripped off (which is simply
untrue). Why do they have to do that? He might have asked
about earnings and revenues growth and future prospects but he didn't.
Guess CNBC thinks it's really true that those things don't matter
for internet stocks. eBay, with positive earnings, should be
worth as much or more as Amazon, without positive earnings IMO.
Tom
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