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Technology Stocks : eBay - Superb Internet Business Model
EBAY 82.760.0%Dec 1 3:59 PM EST
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To: Ricky Rydell who wrote (1549)2/2/1999 1:15:00 PM
From: Howard Hoffman  Read Replies (1) of 7772
 
Thanks for correction. My chart only started at 50! I should have checked. Of course, this only reinforces my point that there is a lot of reason for insiders to sell some of their huge gains and diversify, indulge themselves, etc. With an $18 IPO, $100 is still nearly a 6 month 6 bagger.

First level to look for EBAY support will be around 230. If that fails, it should go to at least 200. But it looks like 100 is a real possibility. Longs will be looking for another short squeeze, but I think that this is shaping up as a long squeeze.
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