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

To: McNabb Brothers who wrote (3200)	5/14/1999 4:30:00 PM
From: blue_lotus	Respond to of 7772

Hi McNabb, > I sold some June and July 150 puts on EBAY and received $9 and $15 for each, so if I get them put to me I will be in EBAY at $141 and $135 cost basis. Good Move. You are right, Ebay has good T.A. support at $170-$175. Though I think we will re-test that support, we should bounce off. Thus, anything below that seems good from a short term T.A. perspective. Form an F.A. perspective though things could go really bad. But hopeful we will not have to go there any time soon. Have a good weekend. -Raj

To: McNabb Brothers who wrote (3200)	5/16/1999 1:34:00 AM
From: jeff nightbyrd	Read Replies (1) \| Respond to of 7772

McNabbs, For the last two years your posts have been notably intelligent. So I'll fire a couple of questions. Why do you not think the ebay business model is not going to be copied over and over? For many, perhaps most items, an ebay would work better as a city site than a national site. If I want to buy a large item like a video camera I would rather do it here in Austin than trust the national ebay process. In the long run - say the next year and a half - ebay should have many city by city copy cats. It would be rather easy to do. Maybe ebay is more vulnerable to competition than even Amazon? What's your thinking? thanks, jeff