eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 83.82

+3.7%

Nov 7 3:59 PM EST

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To: Nelson Chang who wrote (2550)	4/14/1999 9:00:00 PM
From: James1000	Read Replies (1) of 7772

It doesn't take a rocket scientist to figure out that Ebay is at a dangerously high price. Their is a term known as "FUNDAMENTALS". When a company's market value is in the 20 billion range with profits of 2.5 million it is going to get creamed eventually. It's market value could top out at up to 40 billion by the end of the year. At 3 billion I said it had plenty of potential, but now its reaching its quickly reaching its maximum value. I would recommend to anyone who takes even the highest risks to sell if it ever reaches a market cap of 35 billion. Does anyone know what the market cap of Iomega was before it crashed?

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