To all of you who were not able to get EBAY at
18, Im sorry. This company may drop back down to its
initial price of 18 or lower, but I don' t see it
happening before they complete atleast one full quarter as
a publicly traded company. EBAY continues to
receive great praise and attention. The only negative
comments come from those who didn' t get in the boat
before its launch. The speculation on what EBAY might do
will drive the price even higher. You can expect a
significant drop in about 20 days, do to profit takers who
got in on the IPO. ( so we are not branded "flippers"
by the brokers who let us in) How low will it go, 30
if your lucky "short term". This stock will take its
niche just like YHOO and AMZN. But in big price waves.
03/22/99 01:03 pm
Msg: 27247 of 508532
see this link:
it just got in there
You may not buy christmas presents at garage
sales. Neither do I. But ebay is something else. I can
find a lot of stuff fast without wasting time driving
around to the malls. Sure, some of it doesn't look so
hot when I get it. Still, it's a lot faster and
easier than fighting the traffic. And I'll bet a can
find a lot more "cool" stuff on ebay than on Amazon.
Not that I've got anything against Amazon.
Actualy I think November is better, but I do not
think many people buy presents at garage sales for
Xmas. The Internet company that will clean up in
November will be AMZN. New stuff and easy.
are right that eBay will do good in October its price
will be in the 50's by then and maybe it will rise to
The floats gotten a lot bigger in the last few
months, maybe tripled. I noticed the CEO, Pierre Omidyar,
took $186,000,000 of the longs money not too long ago.
Pretty good chunk of change...for that guy.
Before you buy this stock think about this: This company
is one office with less than 100 people in
California... valued at $14,000,000,000 dollars. Pierre Omidyar
will take your money, too, if your foolish enough to
give it to him.