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Technology Stocks : eBay - Superb Internet Business Model

EBAY 83.82

-0.7%

Nov 14 9:30 AM EST

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To: Stewart Elliot who wrote (1175)	12/20/1998 2:51:00 PM
From: Robert Rose	Read Replies (2) of 7772

<It seems inconceivable that the stock price could double to 500 (an event which would make EBAY more valuable than both YHOO and AMZN). > The stock prices of these three companies seem to want to track each other now. It was only a few weeks ago, for example, that YHOO was the leader pricewise; many now expect YHOO to catch up with AMZN this week. But I don't expect AMZN's stock to stand still through the new year - the upcoming stock split provides too much fuel. So let's assume that AMZN closes this coming week up 50 points amid the ongoing internut mania. That leaves YHOO and EBAY with about 120 and 85 points of catchup to do respectively. Inconceivable only when one ignores these stocks' past behavior.

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