Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: gizelle otero who wrote (2978)	4/29/1999 2:49:00 AM
From: Jing Qian	Read Replies (3) \| Respond to of 7772

I agree with your other comments except the following: I have no doubt that the internet is every bit as important today as radio was then. It is an amazing technology that will transform the world. But I have no doubt (either) that eBAY, Amazon, @Home, AOL, and all the rest will decline more than 75% from today's price within the next 2-3 years and be replaced by other companies in the future. The money has BEEN made on the internet stocks. It is all OVER but the crying at this point. So, who will be replacing AOL with its 17 million subscribers? Maybe AT&T's ATHM? I caught that fish in my net already. Who will be replacing eBay? Amazon.com? I also caught that fish in my net. Who is going to replace Yahoo then? Except for AOL or ATHM, I don't see anyone even come close. If by the end of this year, we still don't see any real competitors coming out of the AMZN, EBAY, YHOO, ATHM, AOL group to take on any of them, we will not see any. Because in Internet times, 8 months is 8 years. No matter how capable a future competitor will be, they can't make up that 8 years lost time. The most likely scenario is the competition between the group, rather than from the outside. ATHM could take on AOL, or vise versa, AMZN could take on eBAY or vise versa. So the matter is simple, you still need to invest in the current obvious leaders, rather than wait for that unknown competitors to show up. They may never show up. Well, if you don't see any by the end of this year, it's too late for any competitor to show up anyway. Oh well, it's your money...