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Technology Stocks : eBay - Superb Internet Business Model
EBAY 80.04-1.5%Nov 20 3:59 PM EST

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To: EdR who wrote (2260)3/14/1999 5:31:00 PM
From: Tom Hua  Read Replies (1) of 7772
 
I would guess that "IF" their completed auctions in the higher price category is rising then that might indicate increased revenues without a necessary increase in site traffic.

Ed, the ratio of the value of goods traded to revenue remains pretty constant, changing only 4% from Q3 to Q4. This is expected statistically because the mean of such a large sample will not deviate much beyond normal noise level when the normal distribution function is pretty much unchanged.

Regards,

Tom
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