John Pseudonym

Piper: eBay Beginning to Turn Corner

Ebay is a short at this point.

Major sellers are leaving as well as small ones. Ebay wants to become Amazon. Well, there are already 5 Amazons on the web.

High fees, setting the system up too far in favor of the buyer will result is less selection and higher prices. Hardly a formula for growth.

Sellers of all sizes are aggressively seeking alternatives. The most common is to open their own site and advertise through Yahoo and Google.

Just one example: Bargainland has stopped selling at ebay. They were a Platinum power seller with over 1 million feedbacks.

They now have their own and notified their 1.5 million customers of that fact. www.bargainland.net/

Ebay is betting the house on becoming Amazon...good luck!