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


To: neverenough who wrote (2071)3/9/1999 8:16:00 PM
From: Buster O. Hype  Read Replies (1) | Respond to of 7772
 
Been buying some April 100 puts today. Should be plenty of time for this sucker to go back near the 50 day MA. I expect some initial support in the 130-140 level when the market makers drop this baby any day now. Will try to cover those puts there, then reinitiate when it retraces to the 150-160's.

Now, now EBAY can never be the next MSFT, INTC, CSCO or DELL. They may have a good business model but there are no barriers to entry on this one. Remember what happened to BORLAND when it was touted the next MICROSOFT. And please, don't even consider $60 billion in market crap for this garbage stock. Do you understand that at that level, it's auction business is being valued at $1.2 trillion. Do you really believe for a second that if the government knows that $1.2 trillion is being exchanged between individuals that they wouldn't dip their fingers into the booty???