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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?

To: Doug Fowler who wrote (4177)	7/21/1999 11:22:00 AM
From: cdbud	Read Replies (1) \| Respond to of 7772

>>That said, I am out of eBay, because growth has been a real challenge for them recently.<< Doug, at this time last quarter we stood at just under 2m active auctions. Today the active auction count is 20% higher, 2,400,000. This growth has taken place in spite of the many problems with the eBay system and additional entries into the auction business. Here are some of the positives I see at this time: 1. The additional entries into the auction business are a breeding ground for future eBay users. 2. This type of growth during negative press "is" impressive. 3. The potential for advertising income is still an option. A huge option. 4. eBay has no long term debit and a pile of cash. Why not go on a buying spree. How about Fed Ex for starters, and offer eBay users a special rate to compete with the USPO. Like you, I'm also out of eBay at this time. I should say my original investment is out. I still have all my profit in eBay and I'm lovin' it! Bud