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


To: Doug Fowler who wrote (317)9/25/1998 9:55:00 AM
From: JimNewby  Read Replies (1) | Respond to of 7772
 
I'd go for a bunch at $20 too! I also think it will be interesting seeing what eBay spends this money on. If they can do good things (which I expect they will) with this money, it may justify a higher price. Then they can increase the float and raise more money. Growing some more. I also believe the price will fall in the interim (like even today; going to be a bad market today and a bad day for this IPO imho).

etal: Let's start posting ideas on how eBay can spend the ~$63mm IPO cash. Marketing would be my first choice, but specifically where in marketing. Should they pay portals big bucks for banners leading the way to eBay (like Amazon.com)? Would Yahoo take their money when yahoo is their competition? Presently, they do well by reminding users to "e-mail a friend" an auction item (the best ad; word-of-mouth). They need to develop a brand name.



To: Doug Fowler who wrote (317)9/25/1998 1:40:00 PM
From: bruce gordon  Respond to of 7772
 
FOR THE INQUISITIVE!> Bid.com on the Toronto stock exchange is selling at $1.00 cdn about a $25,million U.S. valuation versus EBAY's $2 billion > Check out the sites; is that 80 {X}times valuation have any merit over time in a new emerging industry ???
BAG