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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: zebra4o1 who wrote (22167)7/13/2004 6:37:15 PM
From: Lizzie TudorRead Replies (1) of 306849
 
careful with ebay, I think they could blow out their numbers. They are the *only company* hiring like mad around here. In fact they stepped up hiring last qtr especially paypal. If somebody gets laid off, they either get no job or they get a job at ebay it seems.

Of course nothing can help a high multiple stock in a bear market and ebay is indeed very richly valued. And we are probably back in a bear.

I think offshoring killed a lot of the tech industry as far as the stock market goes. Companies that plan to grow here in the US and stay here like ebay have great valuations. Companies that are shells of their former selves with a few managers and everybody else in china can't get the markets to give them a break. One day these guys will figure out there is a connection.
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