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Technology Stocks : eBay - Superb Internet Business Model

EBAY 82.47

+0.4%

Dec 5 9:30 AM EST

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To: Becky who wrote (1660)	2/10/1999 1:26:00 PM
From: McNabb Brothers	Read Replies (2) of 7772

Becky, I was waiting to here what you had decided to do with your EBAY before I made my recommendation to you. I will not go on record to tell you to sell it or hold it, for what ever advise you receive will be wrong, no matter whom you receive it from. I would recommend that you recover some of your loss by selling "covered" calls on your position and looking at the calls I would sell the July $345 call for about $34! The premiums are bringing lots of premium and I've been selling the $300 and above calls on EBAY anywhere from Mar. out to the July's for the past week or so naked! In other words I believe EBAY will stay believe $300 from now until July. Hank

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