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To: Timoteo who wrote (1282)	1/5/1999 8:05:00 PM
From: James Overko	Read Replies (1) \| Respond to of 7772

Timoteo -- while it is correct -- I agree you can start an auction company-- but it is not easy to gain critical mass... On Sale can't do it even though they are being fed by Yahoo ---- Once management begins to talk about the commercial applications of EBAY and international expansion I think people will begin to see that $5 a share after tax will be relaistic for 2002-- my spreadsheet = after tax profit-- using conservative figures-- I may have to up all based on Jan 26 report 1999 -- 28 cents 2000 -- $1.09 2001 -- $2.65 2002 -- $5.30