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

To: Howard Hoffman who wrote (1588)	2/5/1999 3:04:00 AM
From: Abe the babe	Read Replies (1) \| Respond to of 7772

again, traditional valuation metrics are not at play here. what's happening here is a generalized sector correction ebay is 20% off its peak, but also IBM is 15% off its peak and Cisco is 10% off its peak. Netscape was crushed by the giant in Redmond, and then it started its decline. I don't see that happening anytime soon with Ebay. It is relatively secure in its niche. Sure if you give me less than a million dollars I can build a better web site than Ebay ( or even Yahoo), with all the bells and whistles ( including Tyra banks strutting her stuff ;-) , BUT how much do you have to pay for the BRAND and the name recognition of Yahoo or Ebay ? . Bottomline is we may be in for a corrrection, but the demise of Yahoo, Ebay and the Internet may be a bit exaggerated.