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

To: Notting Hill who wrote (5701)	10/1/1999 10:31:00 AM
From: Tom Markowski	Read Replies (1) \| Respond to of 7772

That's true there is always a risk section, but if you read Ebay's you get the sense there are numerous risks that many people who are long the stock want to disregard. The barriers to entry to this type of business are low. As such, many will give this service away. That alone will limit Ebay's growth. It only matters because of Ebays stock price which has a PE over 1400! If the stock was trading at $14.00, I would have no argument with you. There's just too much hype. TM