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To: Sarmad Y. Hermiz who wrote (60881)6/6/1999 5:42:00 PM
From: Jan Crawley  Respond to of 164684
 
I expect eBay to be 180 for a few minutes next week, and 160 for a few hours, and the rest in between.

Sarmad, thanks for your trading analysis and i am adding a little more:

E-bay's float increased from 12M to 30M in the past 2 months. Partial source of the 18M dilution: a. Insiders sales total approx. 4M shares in the past two months b. a secondary offered in 4/99 for $6.5M shares. E-bay's short interest is 4M, total outstanding is 125M and the elephants are probably holding approx. >50% of the float.

So I declare the beginning of an open-season for our kind of quick 200 shares short/cover trading style..quick buy/sell for $$ is included too.

p.s. E-bay's short interest was 7M in 3/99, cut to 4M in 5/99.



To: Sarmad Y. Hermiz who wrote (60881)6/7/1999 9:52:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Sarmad,

Shorted 200 ebay@174.