To: Minbari who wrote (1864 ) 3/3/1999 6:53:00 AM From: Trooper Read Replies (1) | Respond to of 7772
Many of you may have seen this, but just in case. The Motley Fool Buys eBay for 'Rule Breaker' Portfolio ALEXANDRIA, Va., March 2 /PRNewswire/ -- The Motley Fool's "Rule Breaker" Portfolio, managed by company co-founder David Gardner and senior writer Jeff Fischer, has purchased shares of eBay (Nasdaq: EBAY), the world's largest personal online auction community. "This company has redefined the oldest business that ever was -- the open market," wrote Fischer in last Thursday's portfolio report. (It is the policy of The Motley Fool to publicly announce all trades for its portfolios before the trade is executed. Further policy dictates that the trade will be executed within the following five market days.) Fischer also cited eBay's strong management as one of the six reasons it was purchased for the portfolio. "Some of the most notable names backing eBay and on the board of directors are Howard Schultz, founder and CEO of Starbucks, and Scott Cook, founder of Intuit ... eBay executives are also coming to the company from Disney, PepsiCo, Macy's and Hasbro, among others." For more information on the eBay purchase and the portfolio, go to fool.com . The "Rule Breaker" Portfolio was started on August 4, 1994, with $50,000. Since its inception, the portfolio is up 1040% versus the S&P 500's increase of 184%. Other holdings in the portfolio include America Online, Amazon.com, Iomega, @Home, Trump Hotels and Casino Resorts (short position), Amgen, Chevron, Caterpillar, Starbucks, Goodyear Tire, DuPont, and 3Dfx. The Motley Fool's mission is to inform, amuse, and enrich individual investors around the world. Having started with 60 readers on its first day in August 1994, the Fool now reaches millions of investors each month by providing financial information and strategies in different mediums: on its Web site at fool.com ; via its four Simon & Schuster books, all New York Times bestsellers; through its weekly syndicated column currently appearing in more than 135 newspapers around the country; via "The Motley Fool Radio Show," a joint venture with Cox Radio that can be heard nationwide every Saturday; through regular commentary for Marketplace Radio; and on America Online (keyword: Fool). The Fool's first international site, The Motley Fool UK, can be found at fool.co.uk and on America Online (keyword: FoolUK). SOURCE Motley Fool CO: Motley Fool; eBay ST: Virginia IN: MLM FIN SU: 03/02/99 11:18 EST prnewswire.com