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

To: Nelson Chang who wrote (2738)4/20/1999 2:19:00 AM
From: Jing Qian  Read Replies (1) | Respond to of 7772
 
Nelson, you must have FAITH to invest in Internet stocks. If you come into eBay with a doubtful mind, you can be booted out easily with your fear. You must have faith in the following moto:

"Internet is going to change the human behavior fundamentally. The impact of Internet is far beyond one can imagine right now"

Especially with this kind of volatility, only faith can hold you together. There will be more severe corrections in the future, without faith, one can't keep himself from selling too early.



To: Nelson Chang who wrote (2738)4/21/1999 3:47:00 AM
From: Doug Fowler  Read Replies (2) | Respond to of 7772
 
Nelson:

Here is something to consider:

The four best Internet companies, AOL, Yahoo, Amazon and eBay currently have a combined market capitalization of $200B.

I find it hard to imagine that all of these companies will not be leaders in 2, 5 or even 10 years (barring their being acquired).

Or that they won't all show dramatic growth over that time span.

If you buy into that perspective, the $200B stock market cap seems pretty cheap.



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