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

To: Winston Kim who wrote (398)	10/21/1998 2:00:00 PM
From: soylent	Read Replies (1) \| Respond to of 7772

WATCH OUT BELOW!!!! IS EBAY WORTH $2 BILLION? THINK NOT! REMEMBER AT $50/SHARE THE VALUE OF EBAY IS $1.75 BILLION. THINK OF ALL THE COMPANIES YOU CAN BUY FOR THAT! IT IS A DAMN SHAME THAT FOR A COMPANY WITH A CAPITAL VALUE OF THIS THEY CAN'T HAVE THEIR WEBSITE WORKING AT A SPEED HIGHER THAN 50 BYTES/SECOND. WATCH OUT BELOW!!!!!

To: Winston Kim who wrote (398)	10/21/1998 6:03:00 PM
From: Randy Ellingson	Respond to of 7772

I have no position in this stock, but thought it is interesting to see people actually buy this dog of a company at $50 bucks. That analyst who was pumping this stock doesn't have a clue about competition. Winston- You might be right and I might be wrong, but I disagree with your assessment. What people fail to factor in when considering the competition (present and future) is just how difficult it is to reproduce eBay. One could reproduce the site functionality, but to reproduce the activity is extremely difficult, unlikely, etc. IMO, most people who use eBay like it (maybe even love it -- I don't know). They have no reason to start auctioning somewhere else. The biggest site wins (not entirely true, but very powerful for a site like eBay). eBay is an already-profitable company with huge potential growth of revenue and profit. That's what I see as their strength. I have no position in eBay either. Randy

To: Winston Kim who wrote (398)	10/21/1998 7:04:00 PM
From: J. C. Dithers	Read Replies (2) \| Respond to of 7772

Take it from one who has played with, and bought from, all the current Internet auction sites ... EBay is infinitely and incomparably better than the competition. They are doing just what Net commerce companies should be doing now, and that is perfecting the model while building an immense and fanatically loyal customer base. Your post is practically word-for-word of numerous posts on the Amazon board one year ago when that stock was selling for one-seventh of what it is today. History is teaching us that what counts on the Net is being "firstest with the mostest" ... not diddly-doo about market caps.

To: Winston Kim who wrote (398)	10/22/1998 9:04:00 AM
From: Kevin McKenzie	Respond to of 7772

Have you ever tried to sell something through Yahoo's auction site? I'm just curious, because I have not, however I have sold via Ebay. All transactions have been efficient. Ebay currently has 800,000+ items listed. Yahoo has about 36,000. I've seen recent bids on Ebay as high as $170,000 (for a Frederic Remington painting) and almost $900,000 for a yacht. Ebay, for whatever reason, is attracting hordes of buyers and sellers. The sellers are listing and receiving bids on items that I'm sure Ebay's founders never dreamed would be sold via the internet. I don't think you can dismiss Ebay so quickly as another overpriced internet company. But I agree, the valuation is intimidating.