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Technology Stocks : eBay - Superb Internet Business Model
EBAY 84.00-0.8%Dec 22 3:59 PM EST

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To: Minbari who wrote (2770)4/23/1999 7:46:00 PM
From: GCAT  Read Replies (1) of 7772
 
I'm still a bit cautious about what will happen tuesday morning. It took a good four hours for this baby to reach 200+ (600 pre-split). All of those buyers won't have that much time to get out on tuesday at the price they are looking for. In a few weeks, we'll be back to the 160's again, because most of the split shares were traded between 145 and 165 (support level) For the record, anyone that has ever owned ebay (at any price) has had the chance to break even or better, given enough patience. It still amazes me. Some people I know won't sell ebay and take a profit. They are just happy to be part of the dream, and look for much greater things to come.
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