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


To: McNabb Brothers who wrote (999)11/27/1998 11:41:00 PM
From: Robert Rose  Respond to of 7772
 
<I would not be a buyer of EBAY at these levels, but will continue to hold what I have
for now! I feel there are a number of people that feel as I do and with the small float it
will be hard to sell it short for some time now!>

My sentiments exactly, Hank. I already made what turned out to be a mistake by selling half my position about one week and 70 points ago. Given my entry point of 45 on the remainder, I have little downside risk and much upside to gain by holding. The momentum continues day by day, and a split has to be just around the corner. I just don't want to be left with no position, as I have been for the last 100 points in Yahoo and the last 50 points in Amazon....



To: McNabb Brothers who wrote (999)11/28/1998 8:26:00 AM
From: RikRichter  Read Replies (1) | Respond to of 7772
 
Take a look at these comparative US Internet auction companies which are very compelling for next week's IPO, UBID and its parent, MALL:

UBID's market cap based on an IPO price of 16 is 144 million versus EBAY's $8.8 billion and ONSL's $1.9 billion.

UBID's latest SEQUENTIAL quarterly revenue growth rate was +127% versus EBAY's +46% and ONSL's +14%.

EBAY's PSR is 170.1 times compared to UBID's 2.4 times when annualizing the latest quarterly revenues (distorted for both due to seasonality factors).

An ONSL market cap places UBID at 208. An EBAY market cap places UBID at ... an unthinkable price level.

Regards.