XLA or SCF from Mass. to Burmuda Message Board

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Technology Stocks : XLA or SCF from Mass. to Burmuda

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To: allen menglin chen who wrote (663)	8/11/2000 12:04:29 AM
From: Scott Bergquist	Read Replies (1) of 1116

Mike Tarsala goes into all this detail, but did CBSMarketWatch ever report the fact, quarter after quarter, that eBay had "positive" earnings, because of interest earned on the secondary? And ONLY because of the interest?? Auctions operated at a loss for e-Bay 1998-1999. I e-mailed them, and CSBMktwtch said, "We have to report it as they announce it." Yet here, Mike feels obligated to deconstruct the earnngs. Why?? And why would he say earnings of $2.35, would obligate shareholders to PAY $2.35?? A one hundred percent tax rate?? What the hell?? And ONLY if you held it on 12/31/2000. The company issued a rebuttal, saying that the company was working on the remedy for shareholders, "if any" remedy is needed. This whole tax classification thing is wholly uncertain. Mike says Xcelera officials were "not available" to comment on the story. Why did Mike have to rush it?? Give 'em =at least= a few hours! Fichthorn says he "couldn't"... not "wouldn't" not "shouldn't" Fichthorn says he "couldn't" comment..meaning Laz-F compliance dept shut him up. Lazard Freres..are they short on XLA?? Where was Mike Tarsala's blend of Xcelera's statements on their website, as to their point-by-point rebuttal to Luke Fichthorn's truly amateurish analysis. (go to www.xcelera.com) If Luke covers "incubators" why no coverage on London Pacific?? A far larger, deeper incubator (Berkely Capital in SF).

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