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Technology Stocks : eBay - Superb Internet Business Model
EBAY 85.18+1.6%Nov 10 3:59 PM EST

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To: Tom Hua who wrote (1138)12/19/1998 5:18:00 PM
From: Gary Walker  Read Replies (1) of 7772
 
>>Have you read this....

"The danger to buyers in companies with thin floats is that the high prices may prompt selling by insiders. For eBay, restrictions on insider sales end in March. For the time being, however, the combination of thin float and heavy involvement by short-sellers in the Internet stocks could prove a big boost because the continued rally in the stocks is likely forcing the short-sellers to buy back their shares and get out. Their buying just sends the share prices higher."

interactive.wsj.com
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