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

To: JA who wrote (4509)	8/5/1999 11:21:00 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 7772

We're done for the year, my friend. You and I are rich men, good work. I turned long today when I saw the relative strength in the internet stocks; at the time the Nasdaq was down around 20, but issues like AMZN were trading up a 1/2 or so. It was a pretty awesome reversal for a lot of issues. I played CNET, GNET, and AMTD to name a few. The long-term damage has been done though. I expect this current phase to last no longer than a week, with some issues probably topping out as early as tomorrow. As for EBAY, I'm looking for a 50% retracement, probably to near 110, but that's as far as she goes. Also, forget about AOL. -PD