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To: mrknowitall who wrote (5702)10/1/1999 10:48:00 AM
From: Terr  Respond to of 7772
 
> I completely agree that there can be no doubling or
> quadrupling of ebay's revenues - I've noted before there
> are natural limitations to the numbers of persons who
> will, let alone can, participate in auctions over the
> internet.

If there is no doubling or quadrupling (actually something
on the order of x40 is needed) - then the price of the stock
will plummet to $20 or so. EBay needs earnings growth of
at least 100% a year just to maintain the current stock
price.



To: mrknowitall who wrote (5702)10/1/1999 10:49:00 AM
From: Jeffery Lakeshire  Respond to of 7772
 
The biggest threat to ebay, IMO, is Amazon's new expanded scope and it will undoubtedly increase with their new credit-card acceptance program.

Thank you for pointing that out. Also, Yahoo! auction counts
are growing faster than ebay's right now.

JL


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