At the close of business 10/19/1998, eBay wasselling at: 133 times its book value, 1134 times itsearnings, and 40 times its sales. This compares to45, 61, 4.8 for Dell Computer, and 16, 54, 17 forMicrosoft.The current price for ebay is far to risky for me! IfeBay's earnings reach about $20 million, then thecurrent stock price will be about right for a long termhigh risk venture. Good luck to all thoseinvesting at this price!
No wonder why the stock is going up. Saw that people are bidding$270 for a 1955 BF Goodrich fountain syringe set/ enema set.Go figure.