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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: mchip who wrote (7982)	4/22/1999 2:56:00 AM
From: SirVinny	Read Replies (1) \| Respond to of 18998

Did IBM not develop the PCs , a multi-billion dollar industry. Didn't a second company join the competition for a piece of the multi-billion dollar pie, followed by a third and a fourth etc etc. EBAY is in a trillion dollar industry. Do you not think there is room for another company. Maybe even a third or a fourth. Considering that EBAY is trading at nearly $300, do you not think that investing in a similar start-up (in business 2 yrs) company at a fraction of the cost of EBAY be worth the investment. Yes it is a gamble, but so are most of the net stocks. Think of the growth potential if this company attains just 10% of EBAY. In my PC example, do you remember DELL. With exception of last qtr. it's share have increased 12,000% in 3-4 years. SirVinny