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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Timoteo who wrote (16812)	1/9/1999 3:22:00 PM
From: HiSpeed	Respond to of 18691

Looking at EBAY's chart I think it'll come back to ~235-240 for support. BWDIK

To: Timoteo who wrote (16812)	1/9/1999 8:45:00 PM
From: chalu2	Respond to of 18691

I agree with you that EBAY is wildly overvalued. The end will not come because of competition; they have competition, everyone knows it, and nobody seems to care. Nor is YHOO to be feared--YHOO is not likely to take on EBAY head on; it has learned not to stray too far from its core business (compare YHOO's stock message boards to SI--YHOO's are primitive!). No, EBAY will collapse when EBAY shows that ongoing auction numbers are not increasing. Then, there will be a panic, and all auction stocks will plummet. Also on that day: AOL, and YHOO will temporarily follow EBAY down. Those last 2 will recover. EBAY won't.