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


To: Jerry Miller who wrote (2663)4/15/1999 4:39:00 PM
From: HECTOR RUBERT  Read Replies (2) | Respond to of 7772
 
EBAY led all the nets higher...it was the first net to move higher ...!!!!!...EARNINGS RUN UP?

I watched all the major net players...YHOO, XCIT, ATHM, INKT, CMGI, RNWK, CNET.............

EBAY began to move higher and withstood all the selling pressures.....something was holding this stock....I don't know what but do know that once it began to move beyond 166...the other nets began to follow its lead...

EBAY kept moving forward.....bringing all the other nets with it...

I've never owned EBAY.....until today. I bought 1,000 shares at 172. Looked at the earnings calendar and figured ...we are due for a nice run up. Besides, with their profit margins I believe its like 85-89% ...I can rest assured that whatever the estimate is it will be blow out.....

Besides....I like their close relationship to AOL's growing net population.

I'll be keeping this one through 2 splits.....

Glad to be on board....

Hector