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Author: UsuallyReasonabl Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25822  
Subject: Re: Goldman Sachs upgrades eBay Date: 8/23/2001 1:36 PM
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It is remarkably refreshing to see that Noto's call is having no apparent positive effect on the stock.

Well, his call was based in part on a "proprietary study," which as Mehran has noted is not trustworthy without knowing the methodology and biases of those performing the study . . . in fact, I've been waiting patiently for Mehran's attack on this unjustified bullish eBay call . . .

In addition, it could be that in fact his call is having an effect on the stock (just not positive), given that he calls for earnings of 11 cents a share during the current quarter. Logic dictates that stock in a company trading at what appears to be over 120 times anticipated coming year earnings, whose annualized growth rates are slowing to the under-50% range, would drop.

UsuallyReasonable
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