eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 81.00

-0.8%

Nov 5 3:59 PM EST

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To: Doug Fowler who wrote (2190)	3/12/1999 11:42:00 AM
From: Kailash	Read Replies (2) of 7772

"eBay is very well poised for sequential growth this quarter of WELL over 60 percent. This is going to BLOW the Street away when they report next month. Any dip in eBay's stock price is likely to be short-lived..." And yet eBay has already blown the street away. We expect phenomenal growth - the issue is earnings relative to market cap, anything else is a red herring. This company will be a good investment only if internet valuations across the board remain stratospheric, if people forget that companies are only worth their future earnings, and if you think eBay will be able to hog the auctions market with high margins. You'd have to admit that's a bit of a gamble at this point. Any bounce could be very short-lived. I won't hold it against you that you didn't sell at 175, or 140 - but your kids might. Kailash

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