eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 81.68

-1.4%

3:59 PM EST

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To: garrick le who wrote (1038)	12/3/1998 5:43:00 PM
From: Doug Fowler	Read Replies (1) of 7772

You know, I have to wonder just who is buying or holding eBay at these levels. The underwriters and the company insiders valued eBay at $18 a share less than 3 months ago. NOTHING about the fundamentals of eBay has changed since then. I can even buy into the fact that maybe the underwriters and company insiders were off by a factor of two or three, but by a factor of 10? I don't think so....

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