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.

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

To: Kevin McKenzie who wrote (1126)	12/18/1998 4:56:00 PM
From: Gary Walker	Read Replies (1) \| Respond to of 7772

>EBAY will prosper as a company in the long run. And eventually it may be worth $10 billion (its current market cap). There are issues to be resolved before a $10 billion cap is justified. EBAY has no control over it's suppliers and therefore you have the potential that the suppliers can screw the customer and send then back to traditional channels. Also, where there's a good idea, competition will follow. EBAY is first to market, so they have the advantage. Others will enter. There's no sustainable competitive advantage. So therefore there is no long term story and no $10 billion cap IMO, maybe $100 million. gw