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To: Mark Fowler who wrote (30727)	12/21/1998 1:23:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

Bought ASM Lithography 30 1/8

To: Mark Fowler who wrote (30727)	12/21/1998 1:29:00 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Mark, not a good day for me. Put the lid on my 500 short shares @ 319. Lost $2500 fun bucks. Never did open or close ebay. I'm surprised that there has been no profit taking. The poor shorts and put's are getting killed. William calls it the new information age. I call it unprecedented, in the history of investing. I'm tempted to let my long shares run free for awhile.

To: Mark Fowler who wrote (30727)	12/21/1998 1:40:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

> A good percentage of it...as Msft, Intc, and Csco. I suppose you have no idea how physically high a barrier of entry those three companies command? It's funny how internut bulls say the same thing about every net company that appears on the market every week or so. If these barriers to entry were so huge, why are more net stocks appearing every day? And ALL of them are being valued as if they were profitable monopolies. Ebay can be replicated easily, as anyone who hops over to yahoo's website can tell you. There are dozens of search engines. There are thousands of companies selling products online. Like I say- the bulls have made so much money that NOTHING will convince them that they aren't caught up in a mania. The only thing that will convince them is when they lose all their money. You can trust me on that.