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Technology Stocks : eBay - Superb Internet Business Model
EBAY 90.900.0%Jan 9 3:59 PM EST

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To: Boplicity who wrote (588)10/29/1998 5:26:00 PM
From: garrick le  Read Replies (1) of 7772
 
Probably 1/3 of that. (1 billion ) and I am being
kind.
A meager 12.9 million revenue per last quarter and
the company is worth 3 billion.
This stock will see 30 before it sees 100 as DLJ and RSCO
recommended.
What else is new in the MM 's game :-))
They put out high target to hype and then sell to take advantage
of foolish investors.
XCite,LCOS and Yahoo are getting in EBAY 's business,not to mention
Onsale adopting Ebay 's strategy ... Too much future competition ...
Not to mention on a technical basis,the stock looks very toppy
and will definitely retrace the gap from 73-78 next few days ..
may even fill the gap from 51-58 also.

I am short at 80 and expect this pup to reach 50 in 3 weeks.

GL
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