Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (35729)	11/10/1998 11:08:00 AM
From: yard_man	Read Replies (1) \| Respond to of 132070

Does EBAY have options now? Just checked -- it doesn't.

To: Lee Lichterman III who wrote (35729)	11/11/1998 9:57:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Lee, I guess weakness is in the eyes of the beholder. I bought it at $26 on Oct 8 (no, I never know that much detail off the top of my head. I happened to be looking at unwinding a spread conversion I put on on the same date. <G>), so a 38.4% gain looks pretty good to me. However, since it is down significantly from the first of the year, I see your point. I believe that folks got overheated on Y2K stocks and took it to $60, then the herd discovered that it was 1998. So, they overreacted on the downside. My work shows a fair value in the mid 40s, so I'm not terribly concerned about it. It is getting there. We can't expect a double overnight, thought those are sure nice when they happen. MB