eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 94.43

+0.9%

3:59 PM EST

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To: znv who wrote (2296)	3/16/1999 5:38:00 PM
From: Randy Ellingson	Read Replies (1) of 7772

Define "winner". Could you please explain how exactly the greatness of Internet (which nobody in his right mind would dispute) translates into "victory" for EBAY as a company (it already won as a bubble, of course). If you can build an Internet company that holds people's time and attention, and funnels their money, with the magnitudes that eBay does and will in the future, you'll have yourself a company worth tens of billions of dollars. eBay can do a lot with that time, attention, and revenue stream. The market says they will continue to "win"; time will tell. The victory potential is that they will continue to grow quickly both their user and revenue base, and that their distant future market capitalization will prove today's stock price "cheap" vs. a market return. Randy

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