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September 22, 1998

eBAY TO LAUNCH THE FIRST IPO FOR A MONTH TODAY

By CBR Staff Writer

eBay Inc, the person-to-person online auctioneer, will launch is initial public offering today, the first IPO in an industry for a month. eBay is that rare beats, an internet start-up that is profitable. It is selling 3.5 million shares at a target price of between $14 and $16 per share.

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