SI
SI
discoversearch

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: Terr who wrote (5707)10/1/1999 11:48:00 AM
From: Rich Dee  Respond to of 7772
 
Terr, I think you are right. EBAY's stock price is ahead of itself. I have no idea when the stock price will reflect the company's earnings. Might be a long, long time. That's why I am accumulating more shares when it sells off. The ol' buy on the dips mentality, I guess. Good luck to ya.



To: Terr who wrote (5707)10/1/1999 2:06:00 PM
From: LTK007  Respond to of 7772
 
this is a cut and paste from a briefing.com item,I have include the entire text so I need not be flamed--also I include the entire comments of the Yahoo! poster as I like his sarcasm. Max90---<<Finally, eBay (EBAY) filed to sell 15.9
mln shares from existing shareholders; mostly from VC firm Benchmark Capital, which filed to sell 12.1 mln
of its 15.2 mln stake. - GJ">>

<< WOW....another exciting news on Ebay!!!
by: melenium (27/M/South Hadley, MA)
76775 of 76868
$300/sh tomorrow. Here is why? Read this briefing.com news till end.

"Story Stocks by Briefing.com
Sponsored by:
Where active investors get their news

Updated: 30-Sep-99

Quotes at time of story, top stories today: (Thursday After Hours 17:54) (MU 14:02) (Gaming Companies
13:15) (WFC 12:08) (NOVL 11:32) (SCH 10:39) (EELN 09:12) (ATHM 08:39)

17:54 ET ******

Thursday After Hours : DuPont (DD) dominated the after the close news. As we reported on In Play in the
last hour of trading, rumors were making the rounds that DD would miss its quarter. Both DLJ and Goldman
Sachs were out with comments that DD might come up shy of Q3 estimates due to the impact of two
earthquakes and a hurricane. Goldman said Q3 would be hurt by 2-3 cents. DD initially traded over a point
lower after hours but has since recovered. The AT&T (T)/Excite@Home (ATHM) saga continues. AT&T
came out after the close and acknowledged that it was exploring alternatives for ATHM, but that this
exploration was preliminary and that no particular course of action had been decided. AT&T officials clearly
felt that last night's denial of talks with America Online (AOL) was a bit too strong, and had better clarify that
they were indeed looking at possibilities for their ATHM investment. ATHM traded up yesterday on rumors,
down today on denials, but is now up 2 1/16 in after hours to 43 1/2 following this AT&T disclosure. Other
than those two stories, there were a slew of earnings warnings, though none from particularly notable
companies. You can see the details on Short Stories, but here's the list of companies warning: APEX, JOL,
HIG, BDG, CLYS, SIPX, and CDCO. It's that time of the quarter. Finally, eBay (EBAY) filed to sell 15.9
mln shares from existing shareholders; mostly from VC firm Benchmark Capital, which filed to sell 12.1 mln
of its 15.2 mln stake. - GJ"


Now you know why MER put it in HHH fund and couple of upgrades came recently. I personally think this is
unethical and SEC should regulate brokerage farms to help insiders and VCs.

However, it's an extremely good news for Ebay longs as they think it's not further dilution rather they can buy
more restricted share and test their insanity. Ebayers Knows more about the company than insiders...well
atleast they think. I mentioned again and again that the only way to feel and taste insane world is to buy Ebay
shares. It's a stock from the other Universe where fraud, rigging, and unethical practices are the norms.

So Happy buying and longs please start a contest on "who can pay the highest price on Ebay
shares"...becuse you will cherish that insanity till the day you die unless you bleed to death.

Pl. let me what do you think.

Good luck!

Posted: 10/1/1999 12:44 am EDT as a reply to: Msg 76774 by melenium >> nice post melenium--Max90