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


To: Timoteo who wrote (1685)2/12/1999 10:36:00 AM
From: McNabb Brothers  Read Replies (2) | Respond to of 7772
 
Timotoe,

< The last big move up was followed the next day by a bigger decline on higher volume.>

Saw the same thing on EBAY's chart last night and agree with you on your prediction.

Hank
P.S.-Are you still teaching or are you on line in your class room now?



To: Timoteo who wrote (1685)2/16/1999 11:01:00 AM
From: James1000  Read Replies (2) | Respond to of 7772
 
Ebay cannot grow as it has in the past. With a $10 billion market cap,
its growth has to slow. I do not believe that in the next six months it will see any more that a return to the $300 price tag it already reached. It is still a good day trading stock though with big dollar moves almost every day. Also, all the big internet stocks will slow down as they pass up companies that have real value in them. I would invest in very small companies such as Cyberian Outpost if I put anything in internet companies. I think the money that was taken from the Russell 2000 companies for internet companies is finally going to get pushed back. Any one would have to agree that the market is reaching a point at which it would be impossible to keep doubling.