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


To: scott harrison who wrote (508)10/27/1998 5:53:00 PM
From: Doug Fowler  Read Replies (1) | Respond to of 7772
 
eBays revenues were right on my estimates.

Anybody with half a brain knew eBay would come in around $13M in revenues.

Simply follow my postings on the weekly update auction count.

It was clear that eBay had grown the number of auctions by almost 50 percent from their previous quarter.

So, 8.9 * 1.5 = 13.3 (eBay reported 12.9).

The analysts are idiots.

Do your homework and you'll always know exactly how eBay is doing. I have been saying this for months, that the best thing about eBay, is that we can see their business on a daily, weekly, and monthly basis.

It's all in the auction count numbers.

As far as the stock price, that's a whole other story.....