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

To: James Overko who wrote (653)	11/6/1998 1:15:00 PM
From: James1000	Read Replies (3) \| Respond to of 7772

Is eBay overvalued with market cap at over 3 billion? No. First of all, eBay is one of the best designed sites on the internet, and I frequently use it's services. However, eBay will most likely see nowhere near even a quarter billion in yearly revenues in the next decade. The stock has a very tiny market float; only 3.5 million. How many stocks with this float will ever get this much attention? Over a million investors have likely heard of the stock. Furthermore, this is one of the few internet stocks that will have a solid profit. Its profits could jump over 20+% in addition to their explosive growth if an escrow service is added. They have recently sent members a survey asking if they would use this service. Combined with the huge overvaluation of internet stocks, this stock could easily go much higher. Also, its very weird that Silicon Investors spell checker doesn't contain the word internet(that is spelled right, isn't it?)