eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 84.39

+0.7%

10:09 AM EST

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To: Gary Walker who wrote (1123)	12/18/1998 4:39:00 PM
From: Kevin McKenzie	Read Replies (1) of 7772

I was being a smart-ass in my original post to you. I wouldn't touch EBAY -- long or short -- at these prices and with its ridiculous valuation. I think EBAY is a great web site. Its business model seems sound; it currently has no real competition and is growing quickly (although it's harder to tell how quickly it's growing since EBAY stopped reporting their exact number of auctions). No, I don't believe for a minute that the fundamentals are driving the stock. However, I do believe EBAY will prosper as a company in the long run. And eventually it may be worth $10 billion (its current market cap).

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