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

To: Steve Smith who wrote (1212)12/22/1998 11:41:00 AM
From: the dodger  Read Replies (1) | Respond to of 7772
 
Any concern from you folks long in Ebay that Sotheby's (symbol BID ) announced they are entering the on-line auction market? Could they potentially drain a lot of big ticket items like antiques, rare coins, etc from Ebay -- any comments?



To: Steve Smith who wrote (1212)12/22/1998 4:24:00 PM
From: Gary105  Read Replies (1) | Respond to of 7772
 
Steve, The purpose of my post was to signal the danger of buying/holding at current levels, not to advocate a short position. IMO it is very conceivable that those buying now on a wave of euphoria have the possibility of losing two thirds or more of their investment.

Gary


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