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To: Doug Fowler who wrote (4255)	7/26/1999 5:22:00 PM
From: Nelson Chang	Read Replies (2) \| Respond to of 7772

>>>eBay does not deserve its market cap.<<< Oh my goodness. Now this is interesting. Doug is now wholey disappointed with earnings - the once steadfast but objective long. Does this mark the bottom by contrary indicator? Or could it possibly be the slow death of EBAY out of the auction limelight?

To: Doug Fowler who wrote (4255)	7/26/1999 5:30:00 PM
From: sam	Read Replies (2) \| Respond to of 7772

Summer is supposed to be a slow period. What were the estimates for revs? I have no position fwiw.

To: Doug Fowler who wrote (4255)	7/27/1999 4:29:00 AM
From: Tie Zeng	Read Replies (1) \| Respond to of 7772

About two months ago at a local airshow, Ebay set up a few booths and gave out a very nice T-shirt for people to sign up on Ebay. I and a few friends who went to the show signed up. As far as I know, nobody did anything with Ebay. The T-Shirt is nice. I believe Ebay will lose out to Amzn. Ebay cost more and has no guarantee on the trades. People complaints about not receiving payments. For example, the guy at TheStreet.com said he never received the pagement for the SI magazines sales he did on Ebay. AMZN does provide the guarantee. The stock price of Ebay should go down slowly, then got bought out by other company when the price is cheap enough. Tie