Found this on the AOL board today; for some
reason not on Yahoo board. Looks like they paid 42
million for 50,000 customers - a la
Ebay Says It Paid About $42.8 Mln for Acquisition of
San Jose, California, Aug. 10 (Bloomberg) --
EBay Inc., the top online auctioneer, exchanged
316,000 shares for alando.de AG, valuing the transaction
at $42.8 million, according to a U.S. Securities and
Exchange Commission filing.
EBay said it acquired
alando's stock on June 15, though it did not disclose the
price, according to a recent 10-Q filing. Using the
company's closing price of 135 1/2 on that day, the
transaction is worth about $42.8 million. EBay declined to
comment on the purchase price.
California-based eBay purchased alando, Germany's largest
online-auction company, to broaden its presence overseas and add
more collectibles and other goods to its sites. The
company has been trying to offer more diverse product
selection and services as rivals such as Amazon.com Inc.
and Yahoo! Inc. offer auction sites.
time of the purchase, alando.de added about 50,000
customers to eBay's more than 3.8 million registered
Alando.de started selling on the Web in
March and offers more than 80,000 items for auction.
"You and the rest of the
shorts, are bunch of losers:"
You get very emotional and call names for people.
worst I've done was to ask for "fools to buy EBAY"
that was half jokingly said. Relax please and learn
be civil. OK?
"Have you seen the post by
1) Site is down
2) we'll see
23-25/share by friday....
3) PE of 9348
EBAY is priced only by psychology and the war
longs and shorts is naturally psychological. Shorts
the math in their advantage however, because EBAY
"Just swallow your losses
and admit your predictions suck real bad and that you
won't make stupid predictions anynore...."
long as I'm civil and open I believe that I would do
prediction I can. Look at Mary Meeker, she says what she
or what is beneficial to her (i.e. she could be paid
these). The point in the stock market game
is to sit and study,
understand the facts and not
take others words for granted.
Believe me that some
people LIE in Wall St. An investors duty
analyze as best as one can and come to a
Bottomline? I present what I believe or claim is true. If
do not believe me come up with a counter argument
calling people "losers" because if there
is any "loser" here
that is you. This is not just
about money but education and
experience for me. I
have a very small amount of money in
Why you are making fun of those shorting 100 -
200 shares. I see nothing wrong with that. even if 50
shares, it could turn a $1,000 a day with this kind of
Get your ass out of this board or say
Ebay has about 1 million members today. If they
can increase that to 100 million members or so in the
next few years, then maybe today's evaluation would be
justified. They still have a 4 digit PE ratio. And AOL could
eaisly offer auctions as does Yahoo. The monoply is very
artificial with these guys.
10 bucks a share is
possible if they were to stop growing anywhere near the
current revenue base.
Was shorting (using options) from 170s on down,
muffed the bounce off of 70 on the 5th (can't win'm
all!), but then moved into a straddle and have made it
back and more. Hope EBay continues to bounce around,
will keep the straddle, but think it is going to crash
again sometime in the next month or two. This time for
Love and Kisses! -Matt
Congrats to longs. You guys won today.
ca$h by shorting EBAY today.
If I was convinced
EBAY was headed higher
then I would definitely join
I don't think that will happen
Today was Mary Meeker and the "car auction"
caused EBAY to soar. This will
Eventually, I may go long on some of
Tomorrow, I will short EBAY once again.
The specter of
Greenie raising rates,
excessive valuation, and
will drive EBAY lower.
luck to all!