eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 81.25

+0.3%

1:55 PM EST

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To: Doug Fowler who wrote (1017)	11/30/1998 10:32:00 PM
From: Andrew Fenic	Read Replies (1) of 7772

I'm shocked eBay had such a good day. What's so special about an internet auction site? They have had some impressive growth ... but 7.5 BILLION in market capitalization? To put that in perspective -- every man, woman, and child in the United States would need to buy a $1200 item on eBay [@ 2.5% commission] for them to get 7.5 billion in revenue. Insane.

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