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Technology Stocks : eBay - Superb Internet Business Model

EBAY 85.36

+1.1%

3:59 PM EST

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To: Doug Fowler who wrote (979)	11/26/1998 8:18:00 PM
From: RikRichter	Read Replies (1) of 7772

When extrapolating possible valuations for UBID, the numbers get very interesting. Based on ONSL's market cap of $1.2 billion, UBID would be worth about $133 per share compared to an initial IPO range of $14 to $16. Based on EBAY's market cap of $8.1 billion, UBID would be trading at ... (gasp!) $900 per share! Is it safe to say that you may see UBID trading at somewhere between ONSL's and EBAY's value? On this basis, that is why I am invested in MALL which is currently valuing UBID at about $53 per share prior to the IPO. I hope you get a boatload of UBID shares at the IPO price.

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