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Technology Stocks : eBay - Superb Internet Business Model
EBAY 93.60-0.3%Jan 23 3:59 PM EST

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To: Secret_Agent_Man who wrote (893)11/23/1998 11:36:00 PM
From: Ultimate Investor  Read Replies (1) of 7772
 
There are so many stupid people out there. I mean, you must be crazy to sell EBAY at 197. I really think it is a $976 3/8 stock. That is the fair value (discounted net present value) I arrived at. For Amazon, the fair value is $3,986 5/16 and for Yahoo it is $2,101 7/32. So EBAY may not be the most undervalued stock, but it sure is one of the more undervalued stock. I just pity people who are selling such a gem. EBAY is not only the next Microsoft, but it is also the next Intel, the next Walmart, the next Cisco combined. I strongly suggest everybody should put all their money in EBAY. That way it just can't go down. And everybody in the world will be very rich. buy Ebay at 200 tomorrow, it goes to $250 the day after, then buy at $250 and then sell at $300 the day after. All the poverty and hunger problems in this world can be solved. EBAY, AMZN, YHOO etc are the panacea to the global crisis.
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