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Technology Stocks : eBay - Superb Internet Business Model

EBAY 85.21

+0.7%

Dec 26 9:30 AM EST

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To: Doug Fowler who wrote (2620)	4/14/1999 7:38:00 AM
From: Nelson Chang	Read Replies (1) of 7772

Doug: You seem to follow the auction count quite closely. Do you have your own estimates for EBAY's revenues and earnings this quarter? I had a very quick glance at the auction count and it looks like EBAY's count grew even more this quarter than the previous quarter - in that the growth rate was somewhere around 45% for the last quarter reported, and just under 60% for the quarter to be announced. The growth rates I am referring to is within that specific quarter. ie. the growth rate grew 45% from October to December, and looks to be around 55-60% for January to March. This should be quite a strong earnings report. Especially given that EBAY had such a surprise in the last quarter, and this quarter seems to be even stronger. And even though the auction growth was kind of stagnant for a few weeks, its appears to be picking up again for the next quarter. Your opinions?

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