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


To: Doug Fowler who wrote (1051)12/6/1998 8:16:00 AM
From: Impristine  Respond to of 7772
 
you're right, man,
i thought i was having a seizure,
when i saw that ~125 K auction increase....LOL.



To: Doug Fowler who wrote (1051)12/6/1998 1:01:00 PM
From: jach  Respond to of 7772
 
-OT- Message 6711246



To: Doug Fowler who wrote (1051)12/7/1998 6:13:00 AM
From: Doug Fowler  Read Replies (1) | Respond to of 7772
 
New metric for eBay:

Formula: eBay market cap/ongoing auction count/quarterly percentage growth.

This takes into account the three most important data points for eBay:
What the market says eBay is worth (stock market cap), the current state of affairs (current auction count), and the rate of growth (sequential quarterly).

Today's numbers:

Market cap: about $7.5 billion
Ongoing auctions: about 1.1 million
Sequential quarterly growth rate: 60 percent

This is like a cost per subscriber model, except it takes growth rate into account.

The lower the number, the more attractive it is to buy eBay stock. Conversely, the higher the number, the less attractive it os to buy the stock.

The current eBay index is 114.

The eBay index I would need before considering buying is below 50. 25 would be a strong buy signal, while anything more than 100 would indicate high speculation in buying and/or selling.