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


To: john douglas who wrote (4874)8/13/1999 11:38:00 PM
From: radames  Respond to of 7772
 
in response to ebay article
it is great and i believe what they are saying but i don't think that it is worth 10 billion dollars,,,one has to ask ones self what kind of business does ebay have to do to justify their current market cap and as the stock goes higher what kind of business does it have to justify it's ever growing market cap,,,imo with options expiry and the cpi and fomc on the 24th i see the stock trading around the upper 80's to lower 90's this week,imo even if their is a benign cpi we will be in a trading range until the 24th ,,keep in mind that sept-oct is usually a weak month and if their is a rally it would be in the nov-jan run,,but with y2k overblown fears the rally might not happen,,i am all cash till dec where i will be looking for real bargains,,cash is king.