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

To: Tom Hua who wrote (2153)	3/11/1999 8:27:00 AM
From: Jerry Miller	Read Replies (1) \| Respond to of 7772

i wouldn't fret too much. it's only been 5 months. long way to go. 158 1/2 pre open.

To: Tom Hua who wrote (2153)	3/11/1999 8:45:00 AM
From: gizelle otero	Read Replies (1) \| Respond to of 7772

This interesting item was posted on Yahoo! ref eBAY.... GMAI is where eBAY was a few years ago. At $10.00/share, with only 2 million shares in the float, we can all ride it to the moon. Check it out for yourself, you will be glad you did. gregmanning.com And read this from a current customer... Don't know if this is of interest to anyone, but I thought it might be. I recently have bought items over teletrade and am on their mailing list. Don't know the date of this letter as it is not dated but I just received it today. I will summarize as it is quite lengthy: The first paragraph notes a banner year for 1998 and expects 1999 to be even better. They are very excited about the opportunities that are provided with the merger of GMAI and plan on offering more collectibles to their current platform soon. They then go into how the website now offers cutting edge internet technology and about their use of AT&T's DjVu technology, etc. I will quote the next sentence. "Experience dramatic increased exposure of your sportscards and and memorabilia over the internet. Our new web site is visited by thousands of collectors every day and bidding activity and auction participation has skyrocketed." The rest of the letter basically goes into the "how to's" of consigning, etc. The BIG advantage to teletrade (my husband and I are both baseball card collectors)is that they will grade the cards for a minimal fee before you auction them. This is VERY convenient. Not only that, but if I send in 10 cards to teletrade, they take care of shipping them off to the 10 winning bidders. Not like EBAY where I would have to go through the fuss of shipping to 10 different addresses. Also, with GMAI there is no possibility of a "rip off". Greg Manning holds all funds in escrow until both buyer and seller are satisfied. And they are insured by LLoyds of London. I can't see anything but advantages for GMAI over eBAY, but there is no accounting for taste or the gene pool of the average investor. Well I've been longwinded but then I'm long on GMAI and wish I had more to invest. ANalyst X, if he's legit could be right on the money. Anyway, I'm still buying on the dips when I can afford it. Good luck to all. GMAI P/E = 40 eBAY P/E = 8,200 Shares out: eBAY over 100 million GMAI 6 million We could push this one to $300 easy.