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

To: Impristine who wrote (2691)	4/16/1999 8:46:00 PM
From: puborectalis	Respond to of 7772

WHY look for second best?.......Among the consumer-to-consumer business models, eBayTM Inc. offers a populist paradigm. This service was launched by Pierre Omidyar and his girlfriend (now his fiancée) on Labor Day 1995. She is an avid collector of PezTM and had envisioned the possibility of collecting PezTM dispensers and interacting with other collectors over the Internet. eBay was started to provide people with a central location to buy and sell unique items and to meet other people with similar interests. A community now encompassing many collectors, eBay introduced person-to-person online trading, developing an efficient and entertaining trading site on the Web that is available 24 hours a day, seven days a week. Currently, there are more than 2.0 million registered users and more than 1.5 million items listed for sale; in excess of 200,000 items are added daily. Individuals—not big businesses—use eBay to buy and sell items in more than 1,000 categories, including collectibles, antiques, sports memorabilia, computers, toys, Beanie Babies, dolls, figures, coins, stamps, books, magazines, music, pottery, glass, photography, electronics, jewelry and gemstones—"everything from chintz china to chairs, teddy bears to trains, and furniture to figurines."