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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: techanalyst1 who wrote (10794)3/9/2002 4:09:48 PM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
10:38 ET EBAY eBay gets an Abelson-bashing in Barron's (60.44)
Alan Abelson's column present a negative take on EBAY based on valuation; nothing particularly new in this EBAY criticism, which notes the high P/E ratio and maturing market. Abelson also tosses in some other overvalued names in the article without additional comment: ALTR, APWR, MCRL, MSFT, UVN, and WBSN. Finally, Abelson says the already beaten-up Conseco (CNC) could suffer a further beating.

Yeah. Online auctions is a mature market! Sorta like PC's in 1988.