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


To: Frank Luongo who wrote (4982)8/20/1999 10:38:00 PM
From: hoffy  Respond to of 7772
 
I have to laugh at some people here. Some are saying that the little guy is pissed and will be leaving. Some say that if their are no sellers then buyers will look elsewhere. But the facts are, is that when it comes to auctions there will only be 2-3 survivers and the smaller ones will be eaten up or just go broke. The amount of sellers and buyers feeds off of itself. The sellers know that if you want to sell your item at the best price and get the most people to look at it you have to go to a site that attracts buyers and is well known: Hence EBAY. If you go to some second rate site and no one sees your item you won't be getting a very good price for it.
SO the people who say they are going somewhere else will be back soon when their items are selling for 75% of what they used to get on EBAY.
As far as the stock price goes, it'll take care of itself. Once the holiday rush comes to buy internets EBAY will be heading back towards 200 and probably past the old high of 234. Then everyone will be wondering how they missed the opportunity to buy EBAY down in the low 100's.
This is an easy doubling of your money in a few months.