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


To: Doug who wrote (2316)3/17/1999 5:38:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 7772
 
EBAY the Viagra of all Internet stocks; can only go up.

Doug, Does it stay up all the time? It would be darn uncomfortable if it does.

Regards,

Tom



To: Doug who wrote (2316)3/19/1999 11:19:00 AM
From: George Gotch  Read Replies (1) | Respond to of 7772
 
I like your attitude, very upbeat. But, obviously you probably a novice investor like most internet traders with the assumption that there is no thing as valuations and things can only go up. Think about that statement. If that was the case everyone would be a millionaire. And if that, happened a million would mean nothing. I mean valuations do matter. Gawd, I would love to sell a car to you baby!!!!!! Yep I have a 1974 Pacer, low mileage but it I named it PACER.COM. Yep yours for a cool 50K!
Remember, no matter how rosy the future looks, things do have a limit on what they are worth. To assume Ebay is going to run competition free is foolish. It is just a matter of time that other will offer the same at a lower commission cost making Ebay match that. This is what the net is all about baby! Other than inflated insider shares and tulip driven investors.