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


To: Bill Harmond who wrote (4448)8/3/1999 9:31:00 PM
From: McNabb Brothers  Read Replies (3) | Respond to of 7772
 
William,

Sense you are looking for good news I thought I would so you how bad news can be found also:

Message 10809008

Not doing this to make you made, but to show you that I think you are over looking everything that is of importance to the internet sector now. Yes they will be buys at some point in time, but think there is more downside at this time in them.

Hank



To: Bill Harmond who wrote (4448)8/3/1999 9:36:00 PM
From: backspin  Read Replies (1) | Respond to of 7772
 
What the rule breaker portfolio commentary fails to address is the flight of fancy required to pay $85 a share for a company projecting .43 earnings in the year 2000. The market is merely coming down the earth. E-bay is a fantastic auction site. It will always be a great place to buy off beat items. I see no evidence that it will revolutionize main stream commerce, and failing to do so it can not command stratospheric valuation. I am short since memorial day and will cover in the 50 dollar range