Gotcha

Blodget Thinks eBay Looks Cheap; We Disagree

Who uses a WACC rate of 11.5%? EBay's cost of debt and cost of equity are both well below this.

Innovate or Die: eBay at a Crossroads

What an ignorant author comparing eBay to Kodak. Kodak produced one product for which demand evaporated practically overnight!! EBay has three different main products (eBay, Paypal and Skype) each opertaing in segments experiencing double digit growth.

Some people just like to grab headlines with a bunch of nonsense.

eBay Watch: True P/E Ratio, Listings Update, Business/Casual Seller Mix

It's not in EBAY's best interest to inflate listings because it sets the wrong expectations for Q1 earnings. In other words, the risks of being caught out by revenue that doesn't correspond with listings completely outweight the benefits of any intra-quarter misrepresentation. I have to say I am amazed any intelligent investor would ever fall for this "inflation" nonsense.