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


To: Buster O. Hype who wrote (2321)3/17/1999 10:34:00 PM
From: Tom Hua  Respond to of 7772
 
Buster, you don't have to be an insider to see the growth is slowing at EBAY. Traffic to its site grew in the 50% range sequentially in previous quarters. This quarter: 12%. Less traffic means less revenue.

Regards,

Tom



To: Buster O. Hype who wrote (2321)3/18/1999 4:36:00 AM
From: JF2155  Respond to of 7772
 
Buster -its OK for insiders or anyone to sell out part(small %) of there positions on a runup like EBAY has. If there was no runup and insiders were selling going into earnings then short that stock .
JIM



To: Buster O. Hype who wrote (2321)3/18/1999 11:14:00 PM
From: Doug Fowler  Read Replies (1) | Respond to of 7772
 
Sure, eBay insiders have a better view of this quarter's performance than we do.

I don't believe that people are selling because they know the quarter is going to be weak.

They are selling so they can get a bunch of money.

And professional shorts have been shorting AOL for years. What did they know? Obviously, not too much, because they have lost a ton of money doing so.

eBay's quarter will be just fine, and it will show strong growth in revenues over the Christmas quarter.

The more important question, IMO, for anyone long or short on this stock, is whether eBay has the ability to become 10, 20 or even 100 times as big as it currently is, and how long it will take to get there.