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

To: Doug Fowler who wrote (4359)	7/29/1999 8:48:00 PM
From: Jeff Dryer	Respond to of 7772

You're right. Now I remember they did offer $10 off on next purchase. That was pretty smart. According to current valuations, it should be worth about $5 billion in market cap to have one million active auctions. Therefore, Amazon should be able to justify spending a lot of money to make it happen.

To: Doug Fowler who wrote (4359)	7/29/1999 11:54:00 PM
From: Ricky Rydell	Read Replies (2) \| Respond to of 7772

I was thinking of that awhile back, Doug. Even if ebay were making, say 50 million a quarter and were a 200 million dollar company, with a market cap as large as amazon's, amazon could easily give away 200 million dollars worth of auction coupons to their many retail customers, and have them all redeemable in auctions say in the month of November. That WOULD REALLY draw the sellers: 4 million people with 50 dollars each burning a hole in their pocket. Money up for grabs that can only be spent on the amazon site. Amazon has other sources of revenue while ebay does not All they would have to do would be to grab the traffic from ebay for a months or two and the results would be devastating. Of course, the only two limitations are: 1) How badly does amazon really want it. 2) Can they handle the intense bidding that has crushed ebay's system repeatedly since 1997 and outgrown itself at least three times.