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Technology Stocks : eBay - Superb Internet Business Model
EBAY 84.66+1.2%Dec 19 9:30 AM EST

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To: Robert Rose who wrote (2799)4/24/1999 12:57:00 PM
From: Jing Qian  Read Replies (2) of 7772
 
I agree totally with Doug Fowler's statement: EBAY has a good shot at becoming one of the most powerful companies in the world. It's not impossible that EBAY's clout could one day surpass that of GE's.
From the very beginning they were making money. They simply don't have much fulfillment to make to make money. This is a business model endowed from God. The key difference between eBay and other competitors like YHOO and AMZN is, eBay has a strong community, and the community is getting stronger. The essence of eBay is actually the community. Stretching my imagination to the extreme, I still can't imagine eBay's community not growing or withering away. Buyer always flock to the busiest place to find more selections. Seller always flock to the busiest place to sell their wares. And this positive feedback is going to push that communities bigger, much bigger than today's.

So, EBAY will be there tomorrow, next year, the year after next year and it will only get bigger and more profitable.

I don't mean to hype this stock. This is my true faith on EBAY.
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