eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 80.04

-1.5%

3:59 PM EST

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To: StocksMTTM who wrote (1383)	1/25/1999 8:30:00 AM
From: 57bear	Read Replies (1) of 7772

I bought and sold eBay several times on the way up, and would be willing to hold long term at $100 or less. eBay has now moved below its 44 day moving average, so last Thursday I sold short. It is now a few dollars above where I sold, but I think this week it will move back down. Many of the "second tier" internet stocks have already broken down, there is more and more negative talk about internet stocks and the "bubble bursting", if insiders sell much stock (and why wouldn't they at these prices?), eBay could drop like a rock. Of course I've been wrong before....

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