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

To: Y2k_fan who wrote (4484)	8/4/1999 11:02:00 PM
From: Tradegod	Read Replies (1) \| Respond to of 7772

I entered EBAY today via some August out of the money calls. My rationale was more contrarian than anything. The stock has not had a meaningful rally in months, and the short position has been growing. I further was advised of a technical bounce coming in the nets yesterday. Clearly I missed it today, however EBAY dropped 5 bucks in the last hour. Sentiment is very negative for the whole sector right now. How much lower we go is anyone's guess, but if I was short, I'd have to be eyeing an exit point while the momentum is working for me. You end up hanging on to make a few extra points, and when the others start buying, you can lose 10 back in a hurry. EBAY probably has the most potential for one of those runs given it's float/short ratio.

To: Y2k_fan who wrote (4484)	8/5/1999 10:14:00 AM
From: Nelson Chang	Respond to of 7772

I could go on and on about these guys. When their portfolio is up, they constantly comment on how they started w/ $50,000. When it is down, they constantly talk about "long-term" and "foolish investing." I laugh when I see that they have not sold IOM. Though they still have a gain, they rode that stock down from $29 to $4. Then again, they bought AOL under $1. I think their biggest hypocracy is in their daily commentary. Why is it necessary to write that thing every night about your portfolio if you are holding these stocks for years. Maybe every week, but every day??? What's the point other than random babbling, and causing your readers to be emotionally involved on a day to day basis when they say that is not what they want. >>>They already did it twice in one week on Motley Fool. Total failure.<<<