eBay - Superb Internet Business Model Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : eBay - Superb Internet Business Model

EBAY 93.94

-0.5%

2:03 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Jackson who wrote (7058)	9/30/2002 9:52:01 AM
From: AJ Berger	Read Replies (5) of 7772

ebaY under pressure today lot's of negative stuff; previous guidence to $70 and $80 by others, now downgrade from $70 to $45 price target. Janus needs to raise 2-3bil redemptions (Janus ebaY's largest fund stock holder) Barron's reporting major insider selling. Last day of window dressing in a down market hard to see ebaY hitting earnings with such low listings July-August, stronge Sept but weak sell-thru. PayPal deal seen reducing paypals independant value Patent Lawsuits against ebaY not moved or killed. Patent and Fraud Lawsuits against PayPal pending. Nervous Shorts will hold their positions now. Hundreds of millions still not written off from losses in high end action house & old pay system. ebay&paypal will soon concede higher fraud rates. ebaY's only bright spot is growth in Europe, but this was during a no-fee promotional period. used Car sales better than expected, but this is more because of countrywide glut of used cars due to zero financing deals, then ebaY's own sales model. If ebaY does not make 20 cents this quarter, it's toast.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next