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


To: JF2155 who wrote (1766)2/26/1999 4:35:00 PM
From: Peter Smith  Respond to of 7772
 
Hi Thread. Their stock may be great, but Ebay's computers are down more than they are working. I think the stock may have gotten a little ahead of itself, as it appears that they will have to spend some big $$$ to get their equipment working on a more frequent basis.

If anyone wants to take a look at their own system announcements go to: calculus.ebay.com




To: JF2155 who wrote (1766)2/26/1999 4:49:00 PM
From: h.l. meeks  Read Replies (2) | Respond to of 7772
 
Thanks JF. Tough market to trade today. EBAY looked like the only solid object in the whole universe. Tried to play UBID, in sympathy with EBAY, early in the morning. Watched an 8 point gain evaporate and ended up with a buck, and got out. Not much sympathy there! I also added to my position at $307. EBAY didn't get alot of play on CNBC until late in the afternoon, and then it did set off a minor buying frenzy. The close looked particularly strong on a day like today, but heading to the sidelines seems also very prudent here. EBAY is the only long position in my acct., and it won't stay there long if it violates it's breakout. Good luck to you too.



To: JF2155 who wrote (1766)2/26/1999 4:50:00 PM
From: Hugh W.  Respond to of 7772
 
No, not double, EBAY could be tripled on Monday day last minute of trading before its split.

eBay computer went down. People couldn't purchase goods and they used the money bought stock. :-)