I'm unlucky, just 2 month ago, I shorted
baby at 175, and covered at 200 1 week later,
needed some moeny elsewhere. If I could
position until now, I must have to treat
Though not doing bad in this market.
earnings nothing they can post or say will
impress Wall Street. Oh Meg , forget the split it won't
work. It only shows how desperate you are to hype the
stock. Besides the market is working on spliting it for
you. Years low price? $8.
I will not be posting until August 4 - I will be
on a lovely Ireland tour, Dublin, Ashford Castle -
pubs out the whazoo - with my girlfriend.
I wish you best of luck. I hope we can re-establish
contact afterwards, even if you were stopped
ec2000bobe - We'll be in touch as
Wow! According to your CBS article, revenues have
grown less than 10% from the last quarter to this
Now, let's see. We take revs at 10% growth per
quarter, i.e. 40% annually. We say costs do not go up
percentage, so earnings go up by the same percentage
(something quite contrary to that CBS article of
Now, we let eBay grow by those 40% for the next five
years, and by another 30% for the five years after that
(very optimistic!), and then grow 10% ad
Congrats! At 15% annualized return, you have just defined a
stock that is worth $28.44 (not $107).
why there are so many bears and shorts on this
All these numbers have real meaning. You can't just
hype growth if you do not understand how to discount
it over time.
Here's what CBS Marketwatch
EBay (EBAY: news, msgs) edged
down 7/8 to 107 13/16. The company is expected to
report second-quarter results Monday. First Call's
consensus estimate calls for a 3-cent profit vs. a
2-cent gain in the year-ago period and 5 cents in the
sequentially previous quarter. Quarterly
sales are expected
to 326 percent to $37.5 million vs. $8.9 million a
year ago and $34 million in the first quarter.