eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 83.82

-0.7%

Nov 14 9:30 AM EST

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To: mrknowitall who wrote (3396)	6/6/1999 5:19:00 PM
From: Jenne	Read Replies (1) of 7772

EBAY is, well, an Internet stock. Thus the large moves in the stock over the last few weeks. The stock has a 52 week high of $234 and recently traded as low as $150. We feel like the Internet's are set for a run, and EBAY is one of the Internet blue chips. Any Internet play is risky, so make sure it fits your risk profile. Also, the options are very pricey, but can show nice gains. Internet performance the latter half of this week appears to be forcasting a rebound in that sector. One reason could be a bullish analyst's comment. He told investors that his prediction for a 40% correction after earnings season usually precedes a 100% growth spurt. With several Internets down 30% to 50% from their highs (eBay was down 33% as of Wednesday's lows), this analysts may be right about a bottom. Not a lot of news on EBAY. We have mentioned before that an analyst from BancBoston Roberts Stephanson stated on Thursday that he feels the Internet bottom has been reached. We like the stocks that have been hit the hardest, yet have the best business models and are leaders in their field. EBAY fits this criteria. OPTIONINVESTOR

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