A Must-read article for all eBay
FIRST IT WAS BOOKS THEN IT WAS AIRPLANE TICKETS
NOW IT IS AUTOS. AUTONATION the worlds largest NEW
and used car retailer with annual revenues of 20 bil
+ is hot on the trail to DOMINATE INTERNET
SALES...WALL STREET ANALYSTS have just began to realize this
by RATING "AN" AS A STRONG BUY not for just a value
play with a p.e. of 12,but to DOMINATE THE AUTOMOTIVE
INDUSTRIES INTERNET SALES of both NEW and USED CARS and
EBLD, Entertainment Boulevard was up 43% Friday on higher than average volume to
$5.75. It is a wonderful e-commerce company with a large web presence. The following should
explain some of what the company does, with links to current news releases. The float on EBLD
is only 3M. Also, I am hearing they are in talks with YAHOO for a strategic partnership
of some sort. Should be interesting, but stock has been very solid.
Boulevard, Inc. was founded in 1997 by former music industry executive Stephen Brown. The firm's
flagship site, Vidnet, is the most comprehensive interactive music video channel on the web.
The Los Angeles-based firm's mandate of Internet global expansion includes the launch of
new websites under the umbrella of EntertainmentBlvd.com. The firm is also aggressively
developing and implementing strategic alliances with key commerce and entertainment entities
including RealNetworks (NASDAQ:RNWK - news), INTERVU (NASDAQ:ITVU - news), EarthLink
(NASDAQ:ELNK - news), Level 3 Communications (NASDAQ:LVLT - news), I-Fill (NASDAQ:VMIX - news), and
American Interactive Media (OTC BB:AIME), for content, technology, and product fulfillment. The
award-winning site has consistently generated increased consumer traffic to its network of websites
and currently receives more than one million hits daily.
Check out their web site at http://www.entertainmentblvd.com/
Silicon Investor thread at:
Let's get this thing off to a good
On bloody Monday last week (when the INETS tanked),
a bearish article was published in the WSJ (opinion
section A). There is a series of two articles (BULL and
BEAR) on the INETS. This past Monday was the BEAR. This
Monday is the BULL. I think this is perfectly timed,
since EBAY, AOL, and AMZN all report earnings early in
someone is listening.
RBID.com & RMALL.com
are going to strangle EBAY & AMAZON with their
bootstraps once the major marketing is made know to this
brain-dead EBAY world.
These guys are nobody's
This emall / auction link is going to grab people like
your insightful calls (as detailed in your 5-part
Impressive as usual. Thanks also for making the
on eBay, using a two-week period, instead of my
5-day one. I, too, hope that the inets will make a
run this week, and I have a great feeling they
Just out: broadcom announces an acquisition.
among the biggies this week will also report, oh, yes,
and AMZN, so things could be on the very bright side
However, my money is on eBay.
Again, thank you and a super trading week for us! :)
(1) Great concept but w/ the price up 20 fold,
the price to concept is now ridiculous. w/ 129 mil
shares and a market cap of $26 bil -- even if the
company hits $30 mil in revs in Q1, it is trading at more
than 200 times 1999 revs. (2) EBAY has no real mote --
there's lots of competition and there will be more.
(3) EBAY doesn't have a great brand. AMAZON does.
EBAY's ads suck. Furbies! get real. (4)Supply, montains
of it -- from EBAY insiders, internet IPOs and
secondaries. In summary, you are paying a high price for
earnings way way out in the future and there are lots of
better things to own.