If you're as impressed as I am with the business that eBay has developed over the past 3 years, you might like to know they plan to offer shares to the public soon. Here's the press release that I just became awarae of:

eBay Inc. Files Registration Statement For Proposed Initial Public Offering

San Jose, Calif. - July 15, 1998

eBay Inc. today announced the filing by the Company of a Registration Statement with the Securities and Exchange Commission relating to a proposed initial public offering of its Common Stock, substantially all of which will be sold by the Company. The remainder will be sold by the eBay Foundation, a charitable fund established by the Company and administered by the Community Foundation Silicon Valley.

eBay Inc. is the world's largest person-to-person trading community on the Internet. The eBay service permits sellers to list items for sale, buyers to bid on items of interest and all eBay users to browse through listed items in a fully-automated, topically-arranged service that is available 24 hours a day, seven days a week.

Goldman, Sachs & Co. will act as the lead Underwriter of the offering. Other Underwriters of the offering include Donaldson, Lufkin & Jenrette Securities Corporation, BancAmerica Robertson Stephens and BT Alex. Brown. A copy of the preliminary prospectus related to this offering when available may be obtained directly from Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004.