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


To: JimNewby who wrote (315)9/25/1998 1:19:00 AM
From: Urlman  Respond to of 7772
 
Howard Schultz founder of STARBUCKS is on Ebay's Board Of Directors.

Starbucks (SBUX)is expected to open up Starbucks.com soon...............

Cheers,
Urlman



To: JimNewby who wrote (315)9/25/1998 3:46:00 AM
From: Doug Fowler  Read Replies (2) | Respond to of 7772
 
I agree with you that eBay is not worth $2B now.

However, the potential is pretty much unlimited.

eBay's real advantage is it momentum. Technically, there is nothing special about eBay, but technically, there's nothing special about Coca Cola either.

I think $20 is a reasonable price for eBay right now and would buy a bunch at that price. It is pretty easy to make a case for the company being worth $200 a share in five years, but a lot of things have to go right for that to happen. I am willing to take a risk for a 10-bagger in five years, but not for a 4-bagger over the same period.

It will be interesting to see what other kinds of things eBay tries to do to expand their presence, and what kind of acquisitions they make.