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

To: James1000 who wrote (2643)	4/14/1999 9:34:00 PM
From: Nelson Chang	Respond to of 7772

>>>It doesn't take a rocket scientist to figure out that Ebay is at a dangerously high price. Their is a term known as "FUNDAMENTALS". When a company's market value is in the 20 billion range with profits of 2.5 million it is going to get creamed eventually. It's market value could top out at up to 40 billion by the end of the year. At 3 billion I said it had plenty of potential, but now its reaching its quickly reaching its maximum value. I would recommend to anyone who takes even the highest risks to sell if it ever reaches a market cap of 35 billion.<<< Rarely trade on fundamentals. It is a screen but fundamentals itself don't generate a buy or sell signal for me. Just the technicals...and EBAY has incredible relative strength and a very strong chart. Has served me well for 5 years, made 75x my money over. ...but thanks for the advice anyways.