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Technology Stocks : eBay - Superb Internet Business Model

EBAY 81.29

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9:31 AM EST

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To: Jing Qian who wrote (2798)	4/24/1999 11:01:00 PM
From: Doug Fowler	Read Replies (1) of 7772

Yes, Jing, the auction count growth rates are slowing down somewhat, but we all know eBay can't grow revenues 50 percent every 3 months forever. Yahoo only reported 15 percent growth for the past 3 months, and Amazon will be luck to have seen 20 percent growth over the Christmas quarter. Ebay is doing MUCH better than that. I expect that we will see 35 to 40 percent 3 month growth for the April to June quarter, and then the summer quarter may show less than that, with the Christmas quarter bumping up again. Also, I expect eBay to be over 2 million auctions mid next week. (The counts will fall tomorrow, as they always do on Sundays, and then pick up Tuesday, Wednesday and Thursday.) --Doug

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