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Is ridiculous. Unlike AOL, YHOO and AMZN.... I
simply don't see huge growth in on-line auctions,
especially considering the fact that giants like YAHOO are
now offering free auctions as competition. Sure,
their auction sites may not be as sophisticated as
Ebays yet, but given YHOO's huge financial backing I
find it hard to believe they will not soon chomp away
at auctioneers like Ebay.
Yeah, EBAY is doing great now, but competition is
here now in
a big time. If EBAY has to battle with
a small firm like uBid,
fine, EBAY has no
problem dealing with it. But remember, Yahoo
brand name and it's free. Its new auction site
needs some tweaking and improving, but as they improve
gradually, you know it's gonna be a tough battle for
EBAY is making money now, but it's not they are making
of dollars. The money they make is very minimal. As
competition becomes more intense, EBAY's revenue can
from plus to minus quickly. If EBAY wants to be the
YHOO or AMZN, EBAY has to change its business
model to more
varieties instead of just doing the p
to p business only. Let's
look at YHOO as an
example, YHOO is not just a search engine,
out many different things to increase the
Right now, I just don't see EBAY to become who's
Anyhow, EBAY is a good stock for short term, not a long
choice yet. Plus I still think the current price is
If it drops back down to 30 range later
on, it is about right.
Besides your grammer leaving a lot to be desired, your logic is even worse. Yahoo isn't free anymore, and when they started charging their market share went from 4% down to 2% - because they suck. Amazon is in no position to compete with anyone - they'll be lucky if they make a profit in the next 5 years - it may be never. There is no competition and there probably never will be any.
Yahoo is not free any longer. They charge, and as soon as they started to charge, their auction were almost cut in half. Ebay has branched out. They are constantly adding new features to their site, plus they just bought half.com not too long ago, and it is doing well also.
Maybe someone can answer a few questions since I
don't have a copy of the perspectus. Since the two main
guys who started E-Bay own more than half the company
and they sold about 30 something million shares at
$18, what are they planning to do with those funds?
I'm sure advertising and infastructure improvements
are on the table, but who else is going to serve on
the board. Since Goldman underwrote the auction, are
they on the board? Since EBay has entered the largest
Auction in the World (NASDAQ), I see that they only show
a small amount of earnings. And I also realize that
the fundamentals look ridiculous now..but who's left
in the internet market that can come out of the box
like these guys? I surf the net and saw Geocities go
public (who can understand that one), but I feel this
stock can't lose in the next four years. Anyone who
uses EBay realizes just how addictive and efficient it
really is and it can't help making money. Especially if
there are 700,000 auctions going on any given day!
Go long on this one...my opinion. What does the rest
of the world out there think (or know).
I think Ebay is Great..............Hope it soars up to the top.I love to buy and sell on ebay, and so do alot of others.So I say Ebay strong forever....................................
I have been using ebay regularly the past six
months. It has continued to improve and is quite
efficient. The number of items for auction today was over
700,000 a few months ago it was in the 500,000 range.
This is a major increase in activity and there have
been no problems from my perspective. I didn't manage
to get in on the IPO but am watching and hoping for
a pull back (maybe another late october market
correction) before going long.
I think this is a very good investment. I would
recommend it. It rises almost 300 points a day. It was at
$17.00 a day. Now it's over $200. Wait until it goes
down and crashes and invest invest invest!!!
You're an idiot - Yahoo had free auctions and they couldn't make it, then they started charging, and their market share went down to 2% vs eBay's 65%, and Yahoo claims 90 million users. Amazon, with huge debt and having never turned a profit, and with fewer users than eBay and a shrinking market share in every metric, is going to knock off eBay? Get a life.
This guy just posts and abuses people. He owns no stock and has stated such on other sites. Everything is going down and he is the god sent to judge you and keep you on his bent track. He is nctarheel89 & scprivate, depending on whether it is goto / kkd / etc. He must be in some place where they do not allow him to do anything but shoot off his mouth - which is all he is good for!