Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: McNabb Brothers who wrote (5520)	9/21/1999 10:48:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 7772

That's a personal matter. I never show my hand when I short. ;) G

To: McNabb Brothers who wrote (5520)	9/21/1999 8:53:00 PM
From: Timoteo	Read Replies (1) \| Respond to of 7772

Hank and all, FWIW I bought OCT 135s Puts today for the second go around in the last week. I will trade them into Novembers or add Novembers on any strength. I have been avoiding trading positions lately because I have no time to watch them, but I am content to let it ride right now for the following reasons: 1. I have been an active buyer and seller on EBAY in 3 unrelated categories (certainly not a broad sample but amazing for the consistency)and have noticed a couple things. There seem to be far fewer bidders on items with many more items going unsold than in the past. There seems to be more junk listings and multiple items which make "browsing" annoying. There seems to be a lot of one time (0 feedback) players, few in betweens and several high volume (100s to 1000s)sellers. My conclusion is that they are not getting meaningful user growth (i.e. consistent repeat buyers and sellers) and they may already have plateaued. New sellers are getting turned off by lack of results. 2. Due to problems, high costs and lack of sales commissions, earnings will disappoint as may revenue growth. 3. We will see a significant correction as October nears (we may have started today). It may be short lived, but I think it will run into Y2K fears (overblown like the Y2k companies we shorted, but people believe it and will act) with a huge rally in January. On an unrelated note I did buy some QUOT, one of only 4 long positions I have now-rest is cash. They seem to really have it together and it may run on some good news. Best, Timoteo