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Technology Stocks : eBay - Superb Internet Business Model

EBAY 83.82

+3.7%

Nov 7 3:59 PM EST

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To: George Gotch who wrote (1976)	3/6/1999 9:41:00 AM
From: J. C. Dithers	Read Replies (4) of 7772

<<No they have a bunch of clueless internet investors that are bidding it up to the moon>> No, it is the shorters and the naysayers who are clueless. Ebay's future truly boggles the imagination. It is the ultimate Fantasy Island--a chrerished dream come true--for baby boomers and seniors, who control wealth far out of proportion to their numbers (very substantial, anyway) in the population. For all of them, Ebay is a fountain of youth that resurrects in tangible form their lost childhoods. Advertisers bypass these people, because they already possess all the comforts and luxuries of life. They don't have a lot to spend their money on, and it sits waiting to be passed along to their inheritors. Now, Ebay offers them the one thing that their money could never buy before--a way to recapture their past. Ebay is not just an Internet company--it is a new way of life; a new source of rejuvenation for the aging. The sums of money that will pass through its portals in the years to come are simply beyond comprehension. Potential competition? Meaningless. It is too late for them already. This is not about paltry commission rates, which mean nothing to the people trading on Ebay. They have already found their nirvana. Ebay rules. No, there is nothing "clueless" about wanting to own a small stake in this limitless future--whatever it costs to buy it.

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