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

To: Steve Antonelli who wrote (4281)	7/26/1999 9:40:00 PM
From: Jeff Dryer	Read Replies (1) \| Respond to of 7772

>With EBAY, as has been stated often on this thread, what makes it so attractive is the volume of buyers and sellers. I agree. No other auction site comes even close. However, will this dominant leadership position be true 1 year from now? What about 5 years from now? Because eBay is being aggressively targeted by competitors, I think it's unlikely. >One can open up a brokerage account at any number of online brokerages and have access to the same stocks. Good point. Makes it tough for the brokerage firms to turn a profit. But this is starting to happen in the auction space, too. Some of the same items listed at eBay can now be found at Amazon.com. >I'm not sure what is so special about Etrade (would love to hear as I have considered it as an investment at some point) There may not be anything special about ETrade... unless ETrade is successful at turning into a full financial transaction portal (trading, banking, insurance...) in a differentiated way.