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To: Wyätt Gwyön who wrote (1667)6/17/2001 1:11:41 PM
From: gbh  Respond to of 3294
 
OT-EBAY: can't disagree about the valuation. Of course, its "over-valued", even on the those optimistic growth projections. When it was cut to the 26-30 range earlier this year, perhaps one could have made a case. Now its obviously more of a stretch.

EBAY does seem to have a MSFT-like hold on their market, though. Hence, the current premium valuation.