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

To: Brian B. Cole who wrote (6740)	1/4/2001 8:55:45 PM
From: A.L. Reagan	Read Replies (2) \| Respond to of 7772

Thanks for the well wishes, Brian. Using a trailing stop on the short and also wrote puts today, premium was tempting. I will be delighted if your Yahoo prediction works out and internet ad revs in general are bouncing back. Do have a very beaten down long position in an internet outfit. Short on ebay based on (1) S/T hedging tactics; (2) perception that amongst the Big Three you mentioned, ebay still most vulnerable to further valuation compression, regardless of the quarter. I'd be delighted to be wrong on ebay, and get stopped out with the small profit on today's trades.