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

To: HECTOR RUBERT who wrote (3013)	4/29/1999 11:16:00 AM
From: Apache Indian	Read Replies (1) \| Respond to of 7772

I sold my puts and shorted it outright at 193 3/4. The valuation on this guy is crazy. If you think an auctioneer of beanie babies that rakes in 45 million in commissions should be valued at 22 Billion ure nuts, just like that Meeker babe. I said in another post on DCLK thread, eBays entire 22 billion business is challenged now by Amazon, they claim their auction business is getting a lot of attention ~) up until now we had YHOO, XCIT, ONSL, BIDS, CNET and a xillion others offering auctions, now Analysts that tout both AMZN and EBAY are going to have a conflict of interest and a decision to make. Its time to give eBay its realistic valuation. The thoughts are going thru their minds right now,, they'll publicise them when they are done selling at these prices. Its just the greedy individual investors jumping on right now, they dont want to miss the train but they are getting in for a ride down ~!