Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Y2k_fan who wrote (4457)	8/3/1999 10:31:00 PM
From: Steve Antonelli	Read Replies (1) \| Respond to of 7772

I agree with your statement, but I do not agree with you that EBAY's future is speculative. It has been well documented on this thread what the Pro's and Con's are with EBAY (much better than I could explain).... Granted, EBAY has problems, but they also have a tremendous market share which will be dificult to break, IMO.... Is the stock overvalued? Probably yes at this level, but I contend that it becomes much more attractive about 10-15 points from now. Maybe it goes lower to 60... that is possible, but I can't see it going much lower than that.... My reasoning for this is that it's market cap will soon come into a range that the other I-net leaders will be willing to pay ..... We are in a market correction where many stocks are breaking down. The inets are getting hit very hard because of overvaluation, but of equal importance, because price fluctuation on INETS is much more radical than any other market segment. When the news ultimately turns good again (ie, interest rate fears diminish), INETS will rebound the fastest, IMO...