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To: Bill Harmond who wrote (74706)8/19/1999 4:51:00 PM
From: Eric Wells  Read Replies (2) | Respond to of 164684
 
>>Could be the record 2.6 million live auctions, too.

Does Blodget use the auction count number in his FA analysis for determining market valuations and stock price targets of internet auction companies?

Something like:

[Number of Auctions (2,600,000)] x [Average current bid per auction ($0.01)] x [Number of investors that believe eBay's PE should be above 2000 (562,692)] = $14.63 billion - amazingly eBay's market valuation at the end of the day today.

-Eric



To: Bill Harmond who wrote (74706)8/19/1999 8:10:00 PM
From: re3  Read Replies (2) | Respond to of 164684
 
William, could you please link me up to an example of something YOU would bid on...

i for one can get fanny packs at the local dollar store, no need to put my credit card over the net for that

if you could show me where there's anything anyone would WANT...

ike