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Technology Stocks : eBay - Superb Internet Business Model
EBAY 80.84-0.2%3:59 PM EST

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To: Doug Fowler who wrote (2210)3/12/1999 7:16:00 PM
From: Kailash  Read Replies (2) of 7772
 
"I believe eBay has the opportunity to become the most successful company on Earth"

This is the kind of stuff you put on your tombstone: "He believed eBay had the opportunity to become the most successful company on Earth. May God keep his soul." <g>

But seriously Doug, why don't you do us a favor and show us how - in the future - eBay will be making enough money to justify the current market cap (and more, since you think this is a buying oppt). You know, estimate earnings each year for the next five or ten years - or however long you believe it's going to need to justify buying it today. Set a reasonable P/E for the final year of your table. Spell out the argument you're making in earnings. Otherwise we're going to think you've just gone off your rocker!

Kailash
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