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eBay Inc. (EBAY) Message Board

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  • Sambooka98 Sambooka98 Oct 4, 1998 9:35 PM Flag

    *INTERESTED IN INTERNET STOCKS? CHECK TH

    I make 60% of my living using Ebay.When I heard
    they were going public I got intrested.They sold 3
    Million shares to Shearson and other underwritters at
    18.00 per share.Which calculated had a .03 pershare
    profit.Shearson sold their cliental at 51.00 on the open, nice
    profit (probably helped to make up for their brillant
    buys of Russian currency 3 years ago.)I was a buyer at
    18.00 but at 51.00 on open NO Thanks.Who won. You got
    it the Underwritters.There are 25 plus on line
    auctions now and more comming those of you that had advise
    to buy from your broker better consider Changing
    Brokers.Ebays business is the softest it has been in a year
    could be from competition or economic's they are both
    hitting at the same time.While they are still probably
    the best out there they have so much room for
    improvement its not funny.IF YOU BOUGHT THIS STOCK WITH OUT
    ACTUALLY DOING BUSINESS WITH THEM THEIR IS AN OLD SAYING."
    A FOOL AND HIS MONEY ARE SOON PARTED".Good luck to
    current stock holders you will need it.I also though have
    bought some duds.

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