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eBay Inc. Message Board

  • nithman nithman Oct 5, 1998 10:34 AM Flag

    EBAY is great, but overvalued

    I've been buying and selling on EBAY for years
    and have the
    highest regard for it. Business has
    never been better. That
    being said, I don't think a
    P/E ratio in the 4 digit range can
    be justified
    for a relatively mature company (by
    internet
    standards) that can't increase profits while sales
    rise.
    I may buy in after the tanking stops, but as they
    say on EBAY,
    caveat emptor!

 
EBAY
31.17-0.14(-0.45%)Jul 28 4:00 PMEDT