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


To: JF2155 who wrote (3310)5/27/1999 6:43:00 PM
From: Nelson Chang  Read Replies (1) | Respond to of 7772
 
I see no pressure on EBAY to give a 5 for 1 stock split, let alone a 2-for-1 which would be nice, but even that is unneccessary. Many of the leading net stocks are trading well above 100 with no stock split imminent.

As for large block trades, I doubt any managers are going to be fumbling their cell phones in a buy panic. EBAY has added aquisitions and nice features to their site, but their growth rate as strong as it is is beginning to soften. In addition, this is the memorial weekend, trading will be light thru out.

>>>Hey the last 3 for 1 sure didn't lower the price so small retail investors could buy ( it was announced under 200 the went to 400 soon after) actually it back to were it was . So it needs a 5 for 1 to really lower the price. Everybody knows that.<<<




To: JF2155 who wrote (3310)5/27/1999 8:24:00 PM
From: Steve Antonelli  Read Replies (2) | Respond to of 7772
 
I am new to this thread. All your talk about stock splits has nothing to do with the long term performance of this company. It doesn't matter to me whether a stock is trading at $200 or $20. I don't think investors are really that shallow that they can only buy a stock when it has a lower share price.

I would not expect any kind of significant move in EBAY's stock tomorrow just because they are having this meeting. EBAY will move up only when the rest of the internet stocks are done with this correction. At this point, we could move in either direction, IMO. Let's stop talking about killer stock splits.