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


To: Hubert Few who wrote (5012)8/22/1999 8:54:00 PM
From: radames  Read Replies (2) | Respond to of 7772
 
does gold's trade publicly and if so what is the ticker ?
imo we the recent increase in share price and the mm's toying with the price on options expiry friday and with this recent boycott of ebay i would watch it vry carefully on monday and consider taking profits because remember it would be very hard for it to keep going up 10 points a day ,like it has been doing,,imo the boycot news is very big and gold's seems to be a new favorite with sellers,,als we have A G on tuesday and we may see a sell off after,,because everyone is expecting to go to the moon after tuesday and the market usually doesn't do what every one is anticipating,it usually does just the opposite as witnessed when ebay went fron 70 to 123 in 6 trading sessions,,imo the people buying ebay ay 123 are expecting it to go to 200+ by christmas as has been witnessed by many posts here,,but the question you have to ask your self is would you speculate on ebay at 150+,,,the houses already bought 2 weeks ago at 70 so who will buy at 150+,,,i am not trying to be bearish on ebay as i think it is one of the best net models to make money but i just think that with it's current valuation it can never grow into it and as the stock goes higher it will be even more difficult,,imo when the dust settles with the net ebay will be left standing but with a more realisic valuation around 50 dollars a share which is still high,,if you think that ebay is worth close to 20 billion you are kidding your self and with intrest rates rising the stock price will shrink,,,,
aimho ,,radames



To: Hubert Few who wrote (5012)8/22/1999 9:13:00 PM
From: Frank Luongo  Read Replies (1) | Respond to of 7772
 
I am an active seller who was pissed off a few days ago and was raving about going to another site. However I have realistically looked at some of these and they are so inferior to ebay that I will not yet waste my time. Since most of my items are in the $100-$300
category a buck extra per auction won't kill me. But I do believe that ebay had better address the issue of dead beat bidders who cause nothing but havoc and grief among sellers. Ebay ought to publish
a list of State by State laws in relation to reneging on an auction and where to post a complaint in each State.