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To: JF2155 who wrote (3280)	5/25/1999 6:05:00 PM
From: blue_lotus	Read Replies (2) \| Respond to of 7772

Hi Jim, Ebay may be led lower by the industry and market weakness. Even the bullish analysts are now gearing up for more of a correction. Message 9754437 Buying Ebay on T.A. right now would be wrong. All T.A. indicators are negative as of today. Buying Ebay on F.A. ....well with a P.E. of over 2000.... I think a huge amount of growth is already factored in and so it will take years and even may be a decade (if Ebay's around then) for it to catch up to its valuations, as my previous calculations(a week or so ago) on this board have indicated. Raj P.S: The only reason Ebay goes up fast is because of a small float. This is the same reason that will take it down really fast too.

To: JF2155 who wrote (3280)	5/25/1999 6:40:00 PM
From: Nelson Chang	Respond to of 7772

>>>Nelson--I agree that buying a stock on the downside is crazy but EBAY is different. There was no big blocks today and light vol for 20 down points. <<< Every situation can be dubbed "different." >>>What happen to the fastest growing company (REVS)in the fastest growing sector? Funny I must have been in this situation 50 times with EBAY ( buying near sessions lows ) and 95% of the times I made out great . EBAY running up is a experience to behold if your long it.<< The fastest growing company in the fastest growing sector is EBAY. It is probably the fastest growing profitable company out there, as well. But today, it is also one of the biggest point losers of the nets. And it has just joined the crowd of stocks that have broke thru support. Many of the leaders, CSCO DELL INTC LU are breaking down. When this happens in the market, it takes a while to regain leadership. This is when your yellow light should go on...