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

To: soylent who wrote (751)	11/11/1998 9:21:00 AM
From: Chuck Molinary	Read Replies (2) \| Respond to of 7772

Could be a rough day for IIX and eBay. Intel comes out with good numbers; looks to open up several points. Other blue-chip tech stocks are also going to open higher. Does anyone else think there is going to be a rotation from high-flying internets to quality tech names like INTC, ORCL, COMS, etc.??? I show eBay ask at 125. Happy I bailed out yesterday afternoon.... Don't be surprised if it falls as fast if not faster than it rose... MHO ctm

To: soylent who wrote (751)	11/11/1998 9:21:00 AM
From: soylent	Respond to of 7772

THE SKIDS ARE GREASED! ALL SLIDE DOWN!

To: soylent who wrote (751)	11/11/1998 9:41:00 AM
From: Brett Behm	Respond to of 7772

They contradict themselves in the same article. Line 1 states "Forget valuations, when you're analyzing Internet stocks". Then the last few lines talk about earnings and multiples. The only analysis that needs to be done for now is technical. It's just a momentum game. eBay the stock decoupled from eBay the company from the first second of trading. Whether the price is high, astronomical, ludicrous, or completely insane it still and won't for sometime, correlate to the underlying company. I have to admit, I still find it humorous when people post market cap comparison examples, but when companies have a float of 3 million shares and a following that requires 300 million shares, the results can be very explosive.