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Technology Stocks : eBay - Superb Internet Business Model
EBAY 81.68-1.4%Nov 4 3:59 PM EST
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To: McNabb Brothers who wrote (1023)12/1/1998 8:40:00 PM
From: Doug Fowler  Read Replies (2) of 7772
 
Hank:

eBay auction counts can be very erratic, and quite often goes up during the early part of the week. A few weeks ago, the count was 30,000 higher on Wednesday than on Friday.

If I were you, I would sell eBay and thank my lucky stars to get $200 a share.

Think of it this way: for eBay to truly have a chance at being worth this kind of money, they would have to be doing at least 20 million auctions a week, and probably for like 40 million auctions a week.

I find it hard to imagine that they'll ever have those kind of numbers.
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