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Strategies & Market Trends : Take the Money and Run

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To: Original Mad Dog who wrote (9379)7/18/2002 5:08:43 PM
From: Jorj X Mckie  Read Replies (1) of 17639
 
trouble in EBAYland

17:04 ET EBAY eBay (60.45 -1.17)
Company's Q3 revenue guidance of $278-$281 mln is likely to seen as a disappointment given that Multex consensus estimate is $281 mln... Though company upped its full year EPS guidance to $0.76-$0.78 from $0.73-$0.75, street had already anticipated the announcement as consensus forecast was for gain of $0.77... In other words, no upside surprises and arguably a slight downside surprise - considering stock's lofty valuation that could prove troublesome
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