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


To: Smart Investor who wrote (2915)4/27/1999 8:38:00 AM
From: Apache Indian  Read Replies (1) | Respond to of 7772
 
I'm going to short eBay at the open today. Forget the PE, forget the competition, forget everything...I'm not shorting on fundamentals, I'm shorting simply on the fact that the news is out, AMZNs earnings tomorrow, and then its all over, its time to bring this heady market to realistic levels.

eBay had good earnings, but look at all the Internet companies that reported good earnings, they shoot up at the open, stay high all day, and tank at the close,, so I'm sure I'll get a chance to cover at 180 by Friday.