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Technology Stocks : eBay - Superb Internet Business Model
EBAY 81.00-0.8%Nov 5 3:59 PM EST

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To: Doug Fowler who wrote (1093)12/17/1998 11:00:00 AM
From: Robert Rose  Read Replies (1) of 7772
 
Always appreciate your analyses, Doug. And I am inclined to agree with you. ebay's incredible stock price just reflects the supply-demand imbalance given the small float and manic interest in the internet sector.

Nevertheless, the lack of "hype" on this thread I view as a very positive sign for the stock. I have always believed that when a thread witnesses dozens of useless posts (ie, yippeeee!), it is probably a good time to bail out of the stock. Interestingly, despite the 8-fold increase in the stock price in 2-months, there has been virtually none of that here.

Does this circumstance portend even more upside for the stock? (rhetorical question) Well, the stock is up another 15 so far today.
Sheesh!

Rob

(in at 45, out at 205, in at 177 and still holding. sure wish i managed all the stocks in my portfolio like this.....)
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