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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: exp who wrote (22125)1/15/2002 5:55:43 PM
From: Sully-  Read Replies (1) of 99280
 
17:46 ET eBay (EBAY) 64.03 +0.87: -- Update -- Prior 2002 guidance offered at analyst day was for revenues to be $1.05-1.10 bln and EPS to be $0.70-0.73... clarified at the time that it expected about 46% of total revenues and roughly 45% of EPS to be generated in 1H02; accordingly, EBAY says it is on track to meet those targets given 1H02 guidance for revenues to be $490-510 mln and EPS to be $0.32-0.33... EBAY -3.93 at 60.10

17:52 ET eBay (EBAY) 64.03 +0.87: -- Update -- In response to question why company only provided half-year guidance, EBAY said it did so because it already provided full-year guidance at analyst day and that it was simply updating the first-half outlook at this time since it feels comfortable, based on Q4 momentum, with outlook to June in terms of revenue estimate... sounded like mgmt was trying to convey that nothing more should be read into lack of full-year guidance at this time... EBAY -3.63 at 60.40
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