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To: Danny who wrote (108698)	9/21/2000 1:49:38 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Danny, you might not be able to get back those shares.:-) >eBay, Inc. (Nasdaq: EBAY chart, msgs) ($76.50) Strong Buy Lauren Cooks Levitan, eConsumer "eBay held an extremely upbeat analyst day yesterday, focusing on the company's numerous phenomenal growth opportunities, many of which we believe have been undervalued to date," said Levitan. "eBay management positioned the company as the embodiment of a company fulfilling the promise of the Internet. We have been strongly recommending purchase of eBay shares based on our belief that the company has not yet achieved a valuation commensurate with its status as a member of the Internet elite. The company's positioning of eBay as a game changer with open-ended opportunities is consistent with our positive investment thesis and we were encouraged that management emphasized this point in an effort to distinguish themselves from the numerous inferior Internet commerce models. We expect shares of eBay to continue reacting positively to the tone and content of this meeting and further expect eBay to disproportionately benefit from any renewed investor enthusiasm for the eConsumer sector in advance of the holiday season. We continue to view eBay as a 'safe haven' investment for investors in this volatile sector given their profitability, dominant market share, and clear opportunities for continued robust business momentum. Thus, we continue to rate the shares Strong Buy and recommend eBay as our best recommendation."