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


To: Becky who wrote (1622)2/7/1999 8:45:00 PM
From: VoodooFL  Respond to of 7772
 
EBAY is doing a lot of radio adds in NY on the FAN. If you bought at $300 there may be little upside. Any new news could drive this stock back up. 2,000,000 auctions may make a headline soon!



To: Becky who wrote (1622)2/7/1999 8:50:00 PM
From: Benkea  Respond to of 7772
 
"Suggestions, please?"

Yea, don't take any you get off a message board about the short-term direction of any given stock.

Other than that, how bout "buy LOW, sell HIGH". Don't buy HIGH and sell LOW. You obviously were not investing in EBAY for any fundamental reason - right? If I am wrong, and you bought for fundamental reasons, then why are you going to sell it less than a week after you bought it just because it went down? If I am right and you are just speculating, you need to think this through in the future before you buy and set sell limits much tighter than the 25% you have let your loss run.



To: Becky who wrote (1622)2/7/1999 8:55:00 PM
From: Zena  Respond to of 7772
 
It really depends on the price you paid for the stock and how many shares you own as to whether to sell or not. I remember two years ago I owned yahoo at $33. a share and sold it for a small loss. (duh...)since that time it has gone up and split about 3 or 4 times. There is no reason to think that ebay will not do the same. This is a real company that makes money. Granted the price is quite high now...if you can afford to keep the stock and are not worried about the money sitting around doing nothing...why not. If you need the money then..... I personally think that ebay will do quite well and that it will have its up and downs like any stock (lawsuits yada, yada, yada).
Do I own it? Nope, I just sell my antiques and stuff there and so do all my friends and we're not going anywhere soon. I only hold this stock for teensy tiny amounts of time. But then that's me.



To: Becky who wrote (1622)2/7/1999 9:11:00 PM
From: Impristine  Read Replies (2) | Respond to of 7772
 
could revisit 50,
could go to 2000 in 2000....
becky, what do you think...



To: Becky who wrote (1622)2/7/1999 11:46:00 PM
From: RetiredNow  Read Replies (1) | Respond to of 7772
 
Becky, sad to say, but I'd get out if I were you. Take your lumps and learn the lesson that fundamental analysis always wins in the end. If a stock looks too expensive, it almost always is. If you want to play with overvalued Internet stocks then never get so caught up in the hype that you shut your ears to contrary opinions. You and others on this thread were warned by several people when the stock went above $300 briefly. Even at today's prices, the stock is still overvalued.



To: Becky who wrote (1622)2/8/1999 1:09:00 AM
From: GCAT  Respond to of 7772
 
Hang on to it. You'll get your money back. This stock is like a roller coaster. It will be split 3 for 1 in March. At todays prices, this is about $74 per share. How long do you think it will stay at $74 per share. A mad rush will probably take place to scoop up the cheap shares. Then shortly thereafter, the quarterly report will be out. I bought some shares just to have some for the split. Going 5 -10 years long on this baby.



To: Becky who wrote (1622)2/8/1999 7:45:00 AM
From: sam  Respond to of 7772
 
Here's my opinion -- and is in no way meant to be advise. First, please tell me you are not on margin. If you are on margin, do whatever you can to get off of margin. You may lose some money, but it is IMO very unsafe to be on margin as the market corrects. Second, please tell me that you do not need this money now. An EBAY investment should be considered in the "very risky" category. Third, if you decide to stay in EBAY get yourself prepared for 'anything.' Day to day tribulations in a stock like EBAY can tear one apart. Get used to it. And also get used to reading a lot of negative posts that are meant to undermine your confidence. Keep your focus. Know what your investment goals are. Don't panic. But don't stay with a company that is changing 'fundamentally' for the worse (that said, I do NOT believe EBAY has changed yet for the worse). Fourth, and finally the good news, I believe EBAY is here to stay --- and that it will be one of the major players on the internet. It has a great model. And I think all the fraud talk is a non-issue. EBAY will soon be splitting 3 for 1. I'd bet you'll do fine -- in the long term -- with your investment. But it won't be easy. And it might not be quick -- although it might turn around tomorrow for all I know. I hope this helps. Again, just to be clear, I have no investment whatesoever in EBAY at the moment.



To: Becky who wrote (1622)2/9/1999 11:01:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 7772
 
Becky, so what did you decide to do? I hope you took my advice and sold. All the others on this thread are still in shock and are not thinking clearly if they believe this stock will rebound any time soon.

Anyway, good luck.