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To: Eric Wells who wrote (77528)	9/17/1999 11:24:00 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

I don't think you arguments hold water. There nothing new or better in this for the bidder or seller. Consortiums have come and gone. Consortiums are managed by committee.

To: Eric Wells who wrote (77528)	9/17/1999 11:29:00 AM
From: Olu Emuleomo	Respond to of 164684

>>I admit to having a very bearish view on Ebay's stock price - I have a short position at the moment. << You are short, I am long. I guess it explains our respective biases. BTW went short INTC @ 84 3/8 today. --Olu E.

To: Eric Wells who wrote (77528)	9/17/1999 12:10:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Yes, Ebay has a tight hold on the online auction market at the moment, but it might be possible for Microsoft and others to use marketing dollars to pry open that hold - and Microsoft has quite few dollars to spend on marketing. And with Ebay's outages, I imagine that some sellers are open to evaluating other sites. Eric, Enough already with MSFT. MSFT is not the king of everything. I already heard during the last month or two that MSFT has enough money to take down AOL. Next MSFT will be the king of e-commerce. Now they have enough money to out market EBAY. MSFT has a lot of money but their money will get stretched very thin if they try to compete in fields in which they lack expertise. MSFT can't take all markets. Glenn