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

To: WILLIAM C KLEMA who wrote (5958)	10/26/1999 9:28:00 PM
From: patrick bey	Respond to of 7772

I do not like it at this level and this is why: They actually did not even earn anything! Interest income on 400 million $ is a lot more then what was reported. So? what happened to all this money. Lock up on a lot of stocks expires with the first aniversary of going public ... People talk about 600,000 auctions but the quality of "auctions" is deteriorating over time. Check few items and notice that some items are way cheaper then what it cost to ship ...it makes you wonder... not real business for EBAY but simply cheap ads for some individuals. REV per individual went down drastically. I would wait and buy when an opportunity will present itself later in Nov.