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lizzie,,the earnings were a disaster no matter how you look at it ,,they reported .1 and all their profit came from investment income and when you take that out they actually lost money and the average auction generates 20$ for the seller as opposed to 40$ last year,,you have to put these earnings into pespective in regards to the huge valuation the market awarded the company,,the only reason for the award was astronomical growth and this earning report not only doesn't show this kind of growth but actually shows slowing growth as compared with prior quaters,,at 50 it is still way over valued,,in addition ebay now has huge competition that yet remains to be seen how it will further affect it's growth,, |
