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

To: Jing Qian who wrote (2553)	4/10/1999 5:50:00 AM
From: Doug Fowler	Read Replies (3) \| Respond to of 7772

Jing: I have no doubt it will happen. And here is even more good news for you: I have just finished my weekly comparison of eBay to Amzaon auction counts. It looks like Amazon has about 60,000 ongoing auctions versus more than 1.9M for eBay. Especially important is that in the more expensive categories, Amazon is flat to down significantly versus just one week ago. For example, one week ago, Amazon had 101 auctions with the word Rolex in them. This week, it has declined to 34. Meanwhile, eBay saw close to a 10 percent INCREASE in auctions with the word Rolex in them. Not a good sign at all for Amazon. I was VERY impressed with Week 1 for Amazon in the online auctions market. For Week 2, the news is disappointing for them. Here's another thing to keep im mind for Amazon auction counts: I see a much higher percentage of 14 day auctions on Amazon than I see on eBay. This has the effect of artificially increasing Amazon auction counts. The vast majority of auctions for eBay are for 7 days or less. eBay has already achieved critical mass at close to 2M auctions. eBay is the winner in online auctions and will fail only if management screws up big time over a long period of time. Unlikely. The question isn't whether eBay will be the winner. The question is how big the market will get, and how big eBay can make the market. --Doug