eBay - Superb Internet Business Model Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : eBay - Superb Internet Business Model

EBAY 93.31

+2.7%

Jan 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JF2155 who wrote (942)	11/25/1998 11:00:00 AM
From: jayray	Read Replies (2) of 7772

Ebay is not a stock; it's greed superseding reason. CNBC has been warning “investors” of the inherent risks in internet stocks, EBAY in particular, which bear no relation to their current or future financial prospects. Only the most shortsighted would call that “bashing.” Even EBAY's underwriter, Goldman Sachs, has admitted the outrageousness of this price bubble. As far as EBAY's prospects, they're not good. The are selling merchandise of questionable origin (pirated?, stolen?); they make drug paraphernalia and soft core porn easily available to children; their denial of responsibility for products sold will shortly lead them into expensive lawsuits; and the ease of entry and presence of many competitors, some with real clout, mark this as financial diversion, not a real investment, even by internet standards.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next