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View Full Version : What's going on with ebay?


Steve
10-15-2006, 12:31 PM
Ebay looks like it is hurting. Have you used Ebay in the past or lately? What do you think of this company?

Are there other services out there that are doing a better job in online bidding than they are?

Putting in a bid on eBay (http://money.cnn.com/2006/10/13/markets/spotlight_ebay/index.htm?postversion=2006101309) - Online auctioneer eBay is starting to face some criticism from Wall Street as its growth rate cools off and competition from the likes of Google and Yahoo! increases.

Shares have plunged 31 percent this year, making eBay (Charts) the fourth-worst performer in the S&P 500. Yet, with this pullback in mind, many analysts think the company's stock is now worth bidding on.

The company will report its third-quarter earnings Oct. 18, and analysts expect eBay's profits to increase 30 percent from a year ago.

Some investors, however, are concerned that sales growth in the company's core auction business, particularly in the U.S., is slowing.

Howard Roark
10-16-2006, 09:53 PM
Internet business is absolutely unbelievable and amazing!