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To: Howard Hoffman who wrote (1563)	2/4/1999 4:09:00 AM
From: Nelson Chang	Read Replies (4) \| Respond to of 7772

>>>Almost any move will have some counter-moves built in. The current trend is still definitely down. The gap is still not filled. Some people may be buying anticipating a big rise on the split date. In my experience, the after split day is often a let down, especially when everyone expects the stock to rise and it doesn't. Keep in mind that yesterday, EBAY gapped down at the open.<<< Howard, No offense but you seem very close-minded. I mean it appears oblivious to you that this stock may go up and break 300. There is a strong possibility that this stock can shoot right past the psychological 300. Volume tapered on the way down, and we have somewhat of a reversal from its low of 247. We are just 20 points away from 300, and the 35 point move in YHOO still shows that net stocks are capable of making substantial moves. They haven't been played out. And then there is the huge short interest in EBAY that was established around the 275-300 level in the last week. Yes, large gaps are often filled. But not always. And keep in mind that there is large institutional support for EBAY. Those shares released from insiders could easily be absorbed the market due to the demand. ...and the fact that EBAY gapped down? What has that got to do with anything? Virtually every net stock gapped down and many tech stocks also, but they came roaring back. It is next to meaningless when EBAY gaps, because it does it everyday whether up or down.