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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: Stewart Elliot who wrote (3080)4/30/1999 1:56:00 AM
From: Bill Harmond  Read Replies (1) of 7772
 
>>At some point, the ever increasing number of auctions is less valuable to the customer: each additional listing has diminishing returns

Quite the opposite. The site benefits from the principle of nework effects. The more users there are, the more attractive the exchange becomes. Just like the telephone. The first phone was worthless, the second had value because there was someone to call, the third still more valuable, etc.

>>there's no way to sort through the pile to find what you're looking for

Have you tried the search feature?
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