eBay Inc. (EBAY) Message Board
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S&P FUTURES DOWN HUGE!
whether the market going low or high.
EBay
was honest and accepted the failure. All the market
needs is to make sure there will not be anymore future
problems.
No uncertainity about the earnings either and these
are positive to the market.-
total revenues. I do not think this will make them miss the numbers.
- 3 Replies to bud_kal
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$3 to $5 million revenue loss was predicted by
eBay on Friday. There have been alot more problems
this weekend and more promised refunds.
For
instance, they had to revert back to the old version of
eBay on Saturday, cgi's weren't working for a good
part of Saturday. myeBay isn't working as we speak. -
EBay (EBAY: news, msgs) said Sunday it expects a
$3 million to $5 million charge for the online
auction site's outage Friday, Reuters reported. See full
story. Shares fell 16 13/16 to 165 7/8.
The 3 to
5 mill charge is not just a hit on revenues, but
also the costs involved in what has been going on.
Would expect it to probably worsen and it will be a
while before people get full functionality again. hard
to say if people leave EBAY for good...
they
probably have very weak backups and possibly several
programmers @ ebay and SUNW/ORCL could get fired leading from
this. -
3-5M is not peanuts on revenues of $35M!
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<EOM>
- 2 Replies to gblxkicksass
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?
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You are going to lose your GBLX profits in both
EBAY and GBLX.
GBLX is going in the drain
tomorrow because of the QWEST rebid. Atleast go promote
your GBLX in that board.
What a weekend, feel
sorry for you.
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