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


To: Peter Dierks who wrote (1296)1/7/1999 3:31:00 AM
From: Doug Fowler  Read Replies (2) | Respond to of 7772
 
eBay is currently valued at more than $8000 per ongoing auction.

In a year's time, eBay collects about $70 in revenues per ongoing auction (each auction produces, on average, about $1.40 for the company).

I guess I could see the auction count growing to about ten times what it is today (about 1.25 million), but my imagination stops there.

I do wish I had bought at $25.