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Technology Stocks : eBay - Superb Internet Business Model
EBAY 81.64-1.1%3:59 PM EST

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To: Howard Hoffman who wrote (1595)2/6/1999 11:58:00 AM
From: Timoteo  Read Replies (1) of 7772
 
Howard-I think EBAY will run with the market. If Monday is another big down day EBAY will be down more. If there is a technical rebound, EBAY will probably go with it, at least in the a.m. I am not a technician but a 160-180 looks reasonable to me downside. I don't believe there will be an all-out net stock collapse. There are too many true believers and buyers on weakness. I'll but EBAY if it gets down to 20:) or so as a long-term hold. EBAYs biggest problem IMO is the share unlock and valuation.

Best,

Timoteo
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