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Technology Stocks : eBay - Superb Internet Business Model
EBAY 80.37-0.6%10:45 AM EST

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To: JF2155 who wrote (1766)2/26/1999 4:49:00 PM
From: h.l. meeks  Read Replies (2) of 7772
 
Thanks JF. Tough market to trade today. EBAY looked like the only solid object in the whole universe. Tried to play UBID, in sympathy with EBAY, early in the morning. Watched an 8 point gain evaporate and ended up with a buck, and got out. Not much sympathy there! I also added to my position at $307. EBAY didn't get alot of play on CNBC until late in the afternoon, and then it did set off a minor buying frenzy. The close looked particularly strong on a day like today, but heading to the sidelines seems also very prudent here. EBAY is the only long position in my acct., and it won't stay there long if it violates it's breakout. Good luck to you too.
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