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


To: Louis Riley who wrote (551)10/28/1998 8:05:00 AM
From: Louis Riley  Read Replies (3) | Respond to of 7772
 
Short term forecast:

The S&P 500 futures are the most compressed they have been since August. They continue to trade in a range between 1063 and 1093 (Dec contract). Yesterday they darn near went coast to coast inside that range in one day. Once they break out or down of the range the buying or selling will be relentless - a 30 to 40 point (~230 to 310 Dow point) move is ensured.

Since big cap techs have provided leadership over the past several months, and the NDX failed at the 1400 area yesterday for the third since the July top, I imagine the most likely direction for the markets is a breakdown, not out.

I think the techs may bounce on the open off yesterday's selloff on the heels of AOL's and EBAY's reports. But I would not be suprised to see the selling then resume - perhaps with intense ferocity.

EBAY could easily retrace to $50 or lower if this scenario plays out. Longer term, it has been annointed one of the New Four Horsemen (along with AOL, AMZN, and YHOO) Internet franchises by Keith Benjamin at RSCO. I don't doubt that his recently mused $151 target will eventually be realized once net fever reheats.



To: Louis Riley who wrote (551)10/28/1998 9:47:00 AM
From: Jose Matos  Read Replies (1) | Respond to of 7772
 
Listen sweet heart, I'm not gay for your information, and if I were it would still be preferable to being a BS spewing scumbag. My references to you as "sweetie" are for all to know You're My B-tch".

But your numb nuts brain can't understand why some people dislike you. It's simple: READ YOU"RE OWN POSTS and you'll understand.

You have a penchant for make LUDICROUS remarks and baseless predictions (that rarely if ever come true).
Yes, Ebay rose alot in the last 2 days, but your crap comments of "NEW HARD TARGET- $150" are totally baseless and BS.

My basic gripe with you is that some people may assume you know what you're talking about, yet you yourself just admitted "I never hold overnight going into earnings". WHY the f--- NOT!!!. If it's not even close to you're $150 target, and YOU'RE SO SURE it will hit $150, why NOT hold the position??? Chicken sh--.??

You can make any silly comments towards me that you like because as I said earlier, I do not have ANY position in EBAY.
Because:
a) I know that the run up has now come up against a brick wall,
b) It's not shortable on Datek or most other brokers.
c) It's not playing on a level field yet. Since it can't be shorted, the selling pressure isn't there YET. Once it becomes shortable, and people with a concept of fundamentals attack it, EBAY will see the $30's fairly quickly.

But by that time you'll be long gone and onto greener pastures to hype.

Now say it with me: Pump, Pump, Pump, Pump it Realllllllll Gooood.

Love and kisses, sweetie
your friend and shadow
Jose.