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

To: GCAT who wrote (2964)	4/28/1999 7:52:00 AM
From: gizelle otero	Read Replies (3) \| Respond to of 7772

eBAY's valuation, even by internet standards, is ridiculous! By every measure eBAY is at least 2-500% overvalued. Face it, this is a pyramid scheme of the highest order. All you people are doing at this point is hoping there is a greater fool than you who will buy eBAY at a higher price. I admit that eBAY's stock has gone far higher than ANYONE ever imagined. I will even admit that I wish I had bought this stock. However, that is far different than saying I would consider eBAY at anywhere near these insane levels. .05 for the quarter was above expectations? For sure. But can .05 justify a stock price above $200 - - - - NO WAY !!! Once we have 4 quarters of positive earnings, you will see this one go right back down. My .02....put it with your .05 and you should have a stock worth $50