why would ebay be 'gearing up' to sell skype? skype makes them money. they have fully paid for skype already. ebay makes $2billion cash per year. they are not strapped for cash. why would you sell something that you already paid for that is making you money, and is growing at much higher rates than anything else that you own? if anything, skype's success is ebay's dumb luck, as the intended purpose for the purchase never came close to materializing. within the next five years, both paypal and skype will be making more money than ebay auctions, imo. (they probably already do, considering ebay's auctions is grouped in with ebay marketplaces, which also includes revenues from ebays stakes in online classifieds)
I love how dinah balk has turned this website's contributions toward following ebay stock into a powerwhiner forum. I continue to suggest that all you powerwhiners move on and watch from afar as ebay continues to beat their own and the streets estimates every quarter, despite all your soapbox rants, because of the sound business decisions that are made everyday within the company. the auction division of marketplaces could completely close down, and the company would still be worth almost what it is today. and all those other business' they own are growing at way past the 13(ish)x forward p/e. thanks again for the entertaiment dinah balk, cant wait for your piece on how safeway screwed you over when you decided to buy toilet paper there only to find out they sell it for 30% less less than 2 miles away at target.
Im gonna go out on a limb and say 'I have more repect for a theif' is a bit more than 'simply pointing out observations and stating opinion' when incorrectly identifying paypal's 21 day hold's sole purpose as making money on the float. any intrest income gained from this policy does nothing for the top or bottom line of ebay's or paypal's financials. also, how does accusing top management of a company of 'failing spin 101' (whatever that means) constitute an observation? but your right, I should probably just follow my own advice and CHOOSE not to read anything written by this author again. wow, that was easy.
isnt this a financial website? if you dont like ebay, paypal, and their policies you have every right to go to another site to try to accomplish whatever you were unable to on ebay. that is how the free market works. but to start your own crusade against a company using this website as your forum is unprofessional and wrong. ebay is a for profit company the last time it checked, therefore it is in their best interest to make changes that are going to help them make more money. no one forces anybody to go to ebay for anything. appearently it is your job to 'report' on ebay, so you visited the site for reasons other than buying or selling something, which is the function of the website. if you didnt enjoy your experience, fine, but why are you bashing a company on seekingalpha that has delivered on its earnings for the past 12 consectutive quarters, and makes over $2 billion a year for its shareholders? if dinah balk wants to have her own website, as you mentioned above, to voice these complaints, go for it. but arent we supposed to be reading about earnings and pe ratios and such here? ebay is a great company that provides excellent service for millions of people everyday, unfortunately those people dont go to a financial website and rave about their positive experience very often. I hope your new website gets dozens of visitors everyday, and you can all gather together and rant about the evil ebay that you are somehow forced to deal with in your lives.
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