SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?


To: PETER COSTES who wrote (1320)1/12/1999 11:22:00 PM
From: Axxel  Respond to of 7772
 
I hope I didn't do it to you...but maybe i did... FYI -
eBay Inc. Cut to 'Sell' at Axxel Institutional


Princeton, New Jersey, Jan. 11 (Bloomberg Data) -- eBay Inc. (EBAY US) was downgraded to ''sell'' from
''buy'' by analyst Axxel Knutson at Axxel Institutional Equity Services. -- Sybil Carlson in Princeton, New
Jersey, (609)279-3615 (Story illustration: For a chart of the company's stock prices, see EBAY US GP D.

For more company news and information, see EBAY US BR, BQ, CN, COMP, TRA. For more country and
industry news, see NI HWY, NI RET, NI US, NI ANA.

For more rating changes, see BBSA2) -0- ( ) Jan/11/ 99 16:48  |
--------------------------------------
I recommended EBAY on 12/16/98 at $200 1/8 and recommended a "sell" on 1/11/99 at 304 1/16 on the basis of excessive risk. eBay at $200 is one thing, but at $304 just three weeks later should satisfy any analyst on the street and it satisfied me. That doesn't mean to say I won't come back to it...because I do like the company..but enuf is enuf..I did the same to BCST, AMZN,AOL, and a few others...

-------------
FYI-

The Axxel Knutson's VTAR © Newsletter [Volume Trade Analysis Research] is published [free] 3/4 times a week and is given to various web sites and to individuals who request it. There are no charges. It is free. This may be an excerpt from that newsletter. If you would like the rest of the newsletter or if you would like to be put on the list, simply email me at stockopn@webspan.net; tell me your email address, the city that you live near and how you heard about it.