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Technology Stocks : eBay - Superb Internet Business Model
EBAY 82.75+2.3%3:59 PM EST

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To: Kailash who wrote (2279)3/15/1999 1:39:00 PM
From: J. C. Dithers  Read Replies (2) of 7772
 
Dear Kailash - I like it that you worry over me. Sweet!

But not to. Actually, I've lived over a lot of manias, bubbles, fads, wars, recessions, and one depression. Made it so far.

It's more common sense than intuition. Here you and I sit, as we do most days, with the Internet at the core of our daily life. I'm o.k., you're o.k., we're not wackos. We're pretty much like everyone else. To regard the Internet as some kind of "bubble" flies in the face of all that our eyes, ears, and brains tell us. It has profoundly changed my life, that of everyone else I know, and I would guess yours, too. It is still in its infancy, becoming better, and more pervasive in our lives, every single day.

In this world, nothing ever stands still. It either goes forward or backward, up or down. Do you really think the Net will someday just go away? Like some people wished about the automobile or the telephone or television?

If the Net goes forward and upward, what companies do you think will be the winners, if not YHOO, EBAY, AMZN, AOL, etc.? Where do you see their replacements coming from? Why haven't those companies come forward by now? Why are they letting the innovators and leaders widen the gap every day? Just playing possum? For how much longer? Why?
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