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lecllc1157
4 Comments
Not Seeing a 'Better & Safer' eBay
Others stay simply because they don't know about the boycotts.
Those of us, who are boycotting, are getting the word out as fast and as far reaching as we can, but our resources are limited. Every day we reach more and more unsuspecting buyers and sellers who are active on eBay, and let them know about the boycott.
There are many discussion boards on eBay, which can be viewed at:
forums.ebay.com/db2/fo...
One of the ones you should be viewing is:
forums.ebay.com/db2/th...
There is a wealth of information available at:
www.accknowl.com/
forums.delphiforums.co.../
Just this morning, I let a co-worker know about the eBay boycott. She had just sold her first item on eBay, and the package is due to arrive within the next day or 2 at the buyers address. I told her to make sure she contacted the buyer, and ask them to notify her when the package arrives, and to only use the eBay contact, not regular e-mail.
She is also going to forward the information that I sent to her, on to her husband. He has an extensive list of family and friends who are currently using eBay heavily, and will let all of them know about the boycott.
We are trying to get the news out to the major network outlets, but we can only do so much in any given 24 hour period. The networks have not picked up on the topic and run with it, like they would have if it had been about Enron or Microsoft. Each day we are reaching more and more media outlets, as can be seen by all of the articles that are appearing on the internet.
John Donahoe the new CEO has considered the people who made eBay what it was until recently to be simply "NOISE" and "Flea Market" sellers.
Well that noise is simply getting louder and louder because of his policy changes announced in January.
We have had an effect on eBay's and PayPal's bottom line, we are a voice of thousands that should not be ignored.
The “Flea Market” sellers and buyers on eBay are making their “N.O.I.S.E.” and are being heard, but we need to turn up the volume even louder. Stock Prices are not stable, sell throughs are down, costs are up, blackmail and extortion are up, and eBay stock is over priced.
When are the shareholders going to sit up and take notice, that the management recently and currently in place have destroyed eBay, and their ship is sinking fast?
There are eBay trolls out on all of the various boards, threads, and articles published on the internet, trying to run interference, not let the truth out about what is really happening at eBay. eBay is a publically traded company, and as such, their minutes of their stock holder meetings must be published and available to the stockholders. Those shareholders need to request copies of all of the minutes of any meetings for the past 5 years, and find out exactly what eBay is up to, and what they have planned next.
Also of interest are all of the other companies that eBay has a stake in, including the following, which is by no means a complete list.
eBay owned or partially owned companies:
Afterbuy.com
Baazee.com
Butterfield & Butterfield
CARad.com
Craigslist
Deja.com
EachNet
GittiGidiyor
Gumtree
Half.com
iBazar,[36]
Internet Auction Co. (IAC)
Kruse International
Lokau
Loquo
Marktplaats.nl
Meetup.com
MercadoLibre
Opus Forum
PayPal
Rent.com
Shopping.com
Skype
StubHub
StumbleUpon
Tradera
Up4Sale.com
Verisign Merchant Gateway
VoIP
This is very definitely a situation of Buyer or Seller beware!
Not Seeing a 'Better & Safer' eBay
Please crawl back into your eBay cubicle, and stop spewing rubbish. The sellers have left the building. The buyers aren’t buying, because there’s nothing to buy. eBay’s site is tanking due to technical difficulties.
I’ve been advising anyone that I talk to, not to use eBay, but to research the numerous other auction sites out there before they either list or buy. I’ve learned of another fellow employee that I need to enlighten tomorrow.
Young.Single.Dad. – According to several financial and stock analysts the eBay stock is actually over-valued. If you don’t believe me, here’s a motley fool article for you to read!
Forget eBay -- Buy These 3 Stocks Now!
www.fool.com/investing...
or
Did Meg Whitman Hold eBay Back?
www.fool.com/investing...
Today’s stock prices for both eBay and Amazon from the NYSE Euronext site!
EBAY INC
Last Trade
Symbol 16:00 08 Apr Change Volume
EBAY $ 31.86 -0.57 (-1.76%) 13,165,678
Today's
Open High Low
32.25 32.30 31.35
52 Week
High Low
40.73 25.10
11 Oct 2007 17 Mar 2008
P/E Ratio 124.73
Earnings per Share 0.26
Shares Outstanding 1,327,947,000
AMAZON COM INC
Last Trade
Symbol 16:00 08 Apr Change Volume
AMZN $ 77.30 +0.40 (+0.52%) 4,968,416
Today's
Open High Low
76.40 77.61 75.50
52 Week
High Low
101.09 41.24
23 Oct 2007 11 Apr 2007
P/E Ratio 66.87
Earnings per Share 1.15
Shares Outstanding 416,818,000
Right now the Amazon stock has more than doubled in price from last year, while the eBay stock has lost value by half since last October, and is lower now than it was a year ago. With those statistics, how can you say that eBay is better off than Amazon?
Amazon has fewer shares outstanding, and a better P/E Ratio than eBay.
eBay: Where's Oprah When You Need Her?
Where did the comment 'I own a successful paralegal firm.' come from?
It's not in the original article, nor is it in any of the comments?
Who's paralegal firm are you calling an ambulance chaser?
If you are referring to my post, think again. I’m not a paralegal, nor am I a lawyer. I simply do a lot of reading and research on laws that affect me, and any enterprises that I might associate with.
“We grow too soon old, and too late schmart!” Spelling error intended.
Buyers are not there on eBay, follow through sales are down since the original February 18 - 15 Boycott, and will begin to plummet again beginning on May 1st, when the next round of the Boycott begins with no end in site this time. At least one of eBay’s competitor’s will be offering a special listing event to begin on May 1st.
If you don't have the sellers to list their product, you are certainly not going to have the buyers making any purchases. Don’t forget that many of the Sellers on eBay are also Buyers, so those who are boycotting won’t be using eBay beginning May 1st, and many have already left.
Sellers have already migrated to the many competitors’ sites to list and sell their items. This is leaving eBay and PayPal out in the cold for their increased fees, which they are not going to collect on the items that are not going to be listed and sold on eBay.
Merchants will get around the PayPal requirement by using their own merchant account for credit cards, so again PayPal and eBay the parent company, will be loosing out on their fees for collecting money at the end of the sales.
Buyer blackmail began when the rules changes were announced in January, and some sellers were experiencing the extortion long before that.
The FBI takes a dim view of cyber crimes and through the Internet Crime Complaint Center (IC3) www.ic3.gov/ you can file complaints about blackmail and extortion.
eBay: Where's Oprah When You Need Her?
Why aren't your so called "Bad Sellers" already off of eBay by now? What is eBay waiting for, an engraved invitation to remove the sellers who have those negatives for poor performance already on their accounts.
I for one used to look at a seller’s neutral and negative comments before I would bid on any of their items.
I could usually spot a trend of problems, and some of these I would go back over several years to find the comments that comprised their bad scores.
By using the DSR ratings, you essentially hide the listings of the low volume seller, who pays the same or even higher fees as the Power Seller, and the low volume seller’s items are never seen by any of their potential buyers that might still searching for product on eBay, due to the new "Best Match" system.
Why would I, as a small seller, pay eBay and PayPal to list an item that is never going to be seen by the general public? In my book, that’s simply throwing good money after bad.
If I had no guarantee that an Item that I paid to advertise in a local newspaper would ever be published, do you think that I would pay for that advertisement? You bet your bottom dollar that I wouldn’t!
The February 18 - 25 Boycott actually affected eBay more than they are admitting. eBay padded listings then and now, which are being documented.
eBay’s tactic of passing on fees for piggybacking auctions from a power seller onto one of lower volume seller’s items is being documented. Driving traffic away from a viable auction item from a low volume seller to a power seller’s item is being documented.
Bringing to light eBay, their illegal practices, and how many laws they may have broken in their practices is important for the general public to know.
The words Monopoly, Anti-Trust, Cyber Crimes, Microsoft, and Enron are just a few that come to mind when thinking about eBay.
The following was taken from a post to the eBay Boycott forum in February, which has now been removed by eBay.
"Competition law, known in the United States as antitrust law, has three main elements:
* prohibiting agreements or practices that restrict free trading and competition between business entities. This includes in particular the repression of cartels.
* banning abusive behavior by a firm dominating a market, or anti-competitive practices that tend to lead to such a dominant position. Practices controlled in this way may include predatory pricing, tying, price gouging, refusal to deal and many others.
* supervising the mergers and acquisitions of large corporations, including some joint ventures. Transactions that are considered to threaten the competitive process can be prohibited altogether, or approved subject to "remedies" such as an obligation to divest part of the merged business or to offer licenses or access to facilities to enable other businesses to continue competing.
So, in this case, the "near-bundling&qu... of PayPal with eBay limits competition by other PayPal-like businesses. Google Checkout, for example, is not an accepted form of payment on eBay. Google Checkout is competition.
It's the same thing that Microsoft got sued for. They were bundling IE and Office with Windows, which limited competition from Netscape, Opera etc.
Practices controlled in this way may include predatory pricing, tying, price gouging, refusal to deal and many others.”
Sellers are being blackmailed and threatened by buyers, and eBay refuses to take any action against those doing the blackmailing or threatening. eBay has chosen to turn a deaf ear towards the complaints.
There is also the question of insider trading, or stock price manipulation, with regards to the volume of eBay stock shown for sale by eBay executives over recent months.
Filing complaints with your State Consumer Protection and FTC offices will also focus government attention on eBay as well. The FTC should be taking a good hard look at the latest changes on both eBay and PayPal and the MONOPOLY they have created.
The legislators can be located at www.house.gov/ and www.senate.gov/
The House Committee on Energy and Commerce is at energycommerce.house.g.../
The US Senate Committee on Commerce, Science, and Transportation is at commerce.senate.gov/pu...
eBay is breaking laws, and needs to be held responsible!