2 year out projections for an internet company? bah. eBay marletplace could be out of business in 2 years if social sites like Twitter and Facebook could find a way to leverage users into c2c and small b2c sales. As for Paypal, no merchant likes it, it's a necessary evil. If Visa, Mastercard and Amex were to team up in a joint initiative, Paypal would be history.
Maybe if eBay would focus on business at hand instead of reaching for lofty aspirations, they might not have the expectations they do. When you lead investors to expect miracles, anything that falls short is considered downward.