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Technology Stocks : eBay - Superb Internet Business Model
EBAY 91.22-3.4%Jan 30 9:30 AM EST
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To: Smart Investor who wrote (3016)4/29/1999 1:49:00 PM
From: Ricky Rydell  Read Replies (1) of 7772
 
That's what they said when the PE was 10,000+. Of course,
you could wait around until it gets to a reasonable 200 or so,
but don't expect the price to drop at any time up to and including that
day. You'll just have to wait until the earnings catch up with
the stock price, which should happen in a year or two.
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