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To: Olu Emuleomo who wrote (72350)	8/6/1999 12:07:00 PM
From: Eric Wells	Respond to of 164684

Olu thanks for you message. I don't do TA. And I would argue that under the current circumstances (Ebay's site being down, extreme volatility in net stocks, near certainty of an interest rate hike, 30 year bond rate up 88 basis points) that fundamental issues might override TA. Of course I am fully aware that I may get killed on my short position should EBAY reach 100 - but hopefully I will cover before then. I may be living in a dream world, but I'm hoping for a return to reason in the stock market - especially in the case of Ebay. If you believe there is a fundamental reason why Ebay should go to 120-130, I would love to hear it. Thanks, -Eric

To: Olu Emuleomo who wrote (72350)	8/6/1999 12:09:00 PM
From: Eric Wells	Read Replies (1) \| Respond to of 164684

I think the news of Ebay's site being down may have just gotten out - the stock just dropped 3 points in a matter of about a minute. Of course, I'm not holding my breath - I think a gap up of 10 here is very likely as well. -Eric