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Fred Langford

12/29/03 10:48 AM

#186401 RE: jdaasoc #186389

No position currently. I scalped shorted it Friday for a buck. Last week both JPM and Merrill said EBAY's listing were below expectations. I always use that chart I posted and when I clicked on the monthly and checked out December it was almost straight down, as you can see.
Many of my friends trade EBAY as well as myself, and I just wanted to give a heads up when I saw that graph with my own eyes.

No doubt EBAY is a successful company, however it is priced for perfection, and I just wanted the threaders to be ready for a pullback off recent high.

Fred
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oeo2oo

12/29/03 10:51 AM

#186402 RE: jdaasoc #186389

EBAY's listings jumped dramatically when they offered free listings on December 26. In fact, the listings doubled in one day.

Good marketing move.