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


To: Bill Harmond who wrote (3073)4/29/1999 11:10:00 PM
From: radames  Read Replies (1) | Respond to of 7772
 
EBAY HAS A BIGGER MARKET CAP THAN QCOM !!!!!
that is reality,,look at qcoms profit this quarter if it made 9c would it even be worth what it is today???definately not ,,that company has much more growth potential than ebay will ever have,,,if they sell 10 billion in goods in five years their profit will be, at 2.5 percent, 250 million, does that justify the market cap,,,hey if they sell 100 billion they will make 2.5 billion and it still doesn't justify the market cap,,,<lol>unbelievable,,,it's not being a bear ,,it is called reality,,,ebay is a 100$ stock and that is an extremely bloated price considering the internut market,,in reality it is a 30 -40$ dollar stock...you have to look at the upside it is limited and you have to take into account they don't have somthing unique and genuine,,,the only thing they have is brand name but that is no justification for a bigger market cap than qcom,,,,by the way any one been to qualcom stadium!!!!!
will look to short if i see 250$