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To: Smart Investor who wrote (3125)	5/4/1999 7:53:00 PM
From: JF2155	Respond to of 7772

SI--just for your info - --EBAY had a PE of 4000 and a week later the stock doubled. Lots of shorts got burned looking only at its high PE. JIM

To: Smart Investor who wrote (3125)	5/4/1999 10:27:00 PM
From: GCAT	Respond to of 7772

This stock will go down further. The earnings report was important, but not for $230 a share. My rule of thumb for this stock is that it SHOULD BE $10 a share cheaper than Yahoo. Right now it should be at $149, so it's looks to me that it will drop at least 30 more points. It is being taken down very slowly, and this could go on for 3 or 4 weeks. Maybe 115??? Only for a few minutes. Try some bottomfishing IMO

To: Smart Investor who wrote (3125)	5/4/1999 11:09:00 PM
From: Doug Fowler	Respond to of 7772

SI, wasn't it you who just said a few days ago that covering your short at 205 was a smart move? Yes, a lot of insiders at eBay are very rich now, but that does mean they don't care anymore. Look at Bill Gates. He has been rich beyond belief since 1986. Yet, he is now worth 700 times more than he was worth then.