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To: Bill Harmond who wrote (67445)	7/13/1999 12:56:00 PM
From: Wizard	Read Replies (3) \| Respond to of 164684

My Morgan broker is saying that Mary Meeker is backing off on her support of EBAY as the expenses associated with the outages are going to be high and the risk:reward isn't good in the near-term without a catalyst and a volatile stock. Longer-term, she likes it but thinks its vulnerable.

To: Bill Harmond who wrote (67445)	7/13/1999 1:29:00 PM
From: Doug Fowler	Read Replies (1) \| Respond to of 164684

William: TheStreet.Com seems hellbent on driving down the price of eBay, now that Cramer is out of it. Seems like they post a negative story every day. Today, they were harping on the auction count slowdown...

To: Bill Harmond who wrote (67445)	7/13/1999 2:56:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

>>Any comments on Ebay It's annoying as hell, but I think it's a sentiment-driven decline based on the outages. I'm hanging in. The outages have had no effect on the auction counts, which are at a record. William, Ebay is no longer a buy at Merriil. It has been changed to a hold. Blodgett seems to believe that AMZN will take the auction business over time. Also, AMZN up 5, YHOO up 3 and EBAY down 4 1/2. My opinion is Ebay has hurt themselves badly. Clearly, I do not know. Glenn