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eBay Inc. Message Board

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  • 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 opinion. What does the rest
    of the world out there think (or know).

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    • I bought this stock because the Internet is here
      to stay. Just look at the computer sales numbers
      which altho they have flattened somewhat with the
      economic situation, they still continue to rise. More
      computers, more people on line. Also, think of the big boost
      in advertsing that EBAY got with it's IPO. A lot of
      folks haven't heard of EBAY yet and as the word gets
      out, more are going to stop by for a look. Sure, Yahoo
      has the free site but it isn't hardly as user
      friendly or downright fun as EBAY and when it comes to
      Internet use, it's the guy that got his foot in the door
      first and made it the easiest to use that will pull the
      greater market share. Just look at AOL and Prodigy. AOL
      was easier and altho Prodigy did make some great
      improvements, people are creatures of habit and will generally
      stick with what they know and that is also what they
      will recommend to others. Yahoo may improve but EBAY
      has the jump. Is the stock overpriced? Sure.... but
      not after a few splits. Regardless of price per share
      vs number of shares, 3.5 million shares is just not
      that many and splits are bound to happen. All, of
      course, IMHO. Happy Stockin' and good luck to all!

    • And this man now owns the Fiji Islands...

27.04+0.17(+0.63%)Sep 3 4:00 PMEDT