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


To: radames who wrote (5017)8/22/1999 10:15:00 PM
From: AT7  Respond to of 7772
 
Radames,
Perhaps you didn't understand the subtlety of my post. I said I was holding the options. If the stock goes to $145 during my time horizon I will be ecstatic and have a smaller mortgage. (that could be by Wednesday)

You may also not realize that Ebay does not move like any other stock, even AMZN. The stock trades on pure emotion and momentum which is evidenced by the last run. The string of news releases will continue to show people that mgmt. is actively working to upgrade and improve everything about Ebay. Also, there is NO WHERE else for a serious seller or buyer to go. Ebay is it!

BTW, be careful about buying puts when it hits $145. Watch the momentum and the chart.

Good Luck!




To: radames who wrote (5017)8/22/1999 10:55:00 PM
From: jmac  Respond to of 7772
 
I don't mean to jump in on the fray between those buying and those selling ebay. But, if you are looking to buy puts when EBAY sells at 143, I sure would like to feel comfortable jumping in now at 123 and selling at 143. 20 points sounds darn good to me. Does this 20 points happen before or after the anticipated fed rate increase?